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Massive increase in tenant demand, says Orchard & Shipman

Results for the three months to the end of August released by the London-based property company Orchard & Shipman show a year on year increase in tenant demand of 45.5%.

Compared to the same three months last year, the number of tenants looking for property to rent soared from 439 to 639. This is seen as a clear illustration of the contra-cyclical nature of the housing market where rental demand increases whenever house prices slow.

Chris Shipman, chairman of O&S, says: “It seems clear that a lot of people have decided to put off buying for a while and are renting instead. If this trend continues it is likely to result in an increase in rental values.”

Orchard & Shipman believe that these figures have come just in time for many landlords, who were faced with the prospect of having to sell because they were unable to find a tenant. This applied particularly to those who had recently purchased properties on the back of bad advice from unscrupulous agents or developers who were promising higher rents that could reasonably be achieved.

Shipman adds: “Rental demand in the south has been hardening for a while now and with this dramatic increase in demand it would not be surprising to find that we have a shortage of rental property in the near future.”


c2-financial moves to larger offices

The Hampshire-based company will relocate to its 9,500 sq ft office at the Solent Business Park, Whiteley, Hampshire by next week. The building, adjacent to the company&#39s present location, will give it room to accommodate sharply rising sales. Record levels of sales have been generated by the company&#39s packaging and branded lending operations, which are run […]

CII launches improved membership services

A number of these services are available through the CII website. Members are now able to view and amend their personal and contact details online. This is a simple way for members to keep their details up-to-date, as any changes made by the user will automatically update the CII customer database.  Members can also renew their […]

Burton joins Advantage business development team

Burton began professional life as a mortgage broker before becoming a BDM for a mortgage packager in 2001 and so brings with him the experience and understanding of the needs of both worlds. He cites Advantage&#39s distribution strategy as one of the key attractions: its presence on the panel of most major mortgage networks means […]

Fannie Mae accused of impropriety Ethical IFA on lookout for more members

Julian Saunders, director of the South-West based firm which gives 10% of all commissions to charity, recently handed over a cheque for £750 at a charity ball with John Humphrys collecting the donation on behalf of the Breast Cancer Campaign. Saunders helped organise the ball along with his partner, and the event raised over £10,000 […]

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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