Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Experian plc    EXPGY

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Experian plc (ADR) : UK rental market booming with rental properties up by 10 per cent annually

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/11/2012 | 11:16am CET
  • Press Releases
  • Media Contacts
Other Related Press Releases
UK rental market booming with rental properties up by 10% annually  

Nottingham, 11th April 2012 - Experian analysis has revealed the rental market in the UK is flourishing with an additional 58,000 properties being marketed to rent in 2011 compared to the same period in 2010. By contrast the number of properties for sale dropped by approximately 12,000 in 2011.

Using data from its Movers Alert service[1], Experian has compiled the Movers Index that offers an insight into the habits of the housing market.

The volume of properties put up for rent increased every quarter in 2011 when compared to 2010 with Q3 seeing the most significant increase of 14.46 per cent.  A number of seasonal trends were prevalent in both the rental and resale markets with December the least popular time to market a property and the summer months the most common. May was the busiest month for resale properties added to the market whilst August was most active for rentals, which could be attributed to students preparing for a new term at university.

For the year as a whole, the number of resale properties (769,077) taken to market exceeded those that were let out (692,766). The exception to this was around the Christmas season which was the least popular time to sell a house.

London dominated the rental market with 20 per cent of all UK rentals being based in the Capital.  This dropped quite significantly when it came to houses for sale with London only accounting for 10 per cent of appointments.  The South West had the highest percentage of For Sale properties at 12.2 per cent.

Wales and the West Midlands saw the biggest increase in houses-to-let with a 20 per cent rise in numbers in 2011 compared to 2010.  The West Midlands also highlighted its dynamic property market credentials by bucking the downward trend in the number of resale properties compared to 2010, with 12 per cent more houses put on the market in 2011.

Jonathan Westley, Managing Director of Consumer Information Services at Experian UK & Ireland, comments: "This insight shows that homeowners may be using renting as a back-up plan if they are unable to sell or alternatively some may still consider property a long-term investment. Being able to paint a picture of movers and get a unique insight into habits and trends is a valuable tool for companies from financial services to utilities and telcos. Moving house can be a catalyst for a consumer to switch to ensure they are getting the best deal from their suppliers.  Knowing who these movers are enables organisations to keep in touch with them and maintain and develop relationships at a time when they are most receptive."

ENDS Contact: Chantal Heckford / Maddy Morgan Williams Lansons Communications
020 7490 8828
chantalh@lansons.com / maddymw@lansons.com

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil. 

For more information, visit http://www.experianplc.com .




[1]Experian's Movers Alert service sources data from a range of UK sales & letting agents.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EXPERIAN PLC
01/19 EXPERIAN : Detroit Free Press Susan Tompor column
01/19 EXPERIAN : If your financial outlook for the next four years is positive, you're..
01/19 EXPERIAN : How much is too much for a car payment?
01/19 EXPERIAN : If your financial outlook for the next four years is positive, you&rs..
01/18 EXPERIAN : Revenue Grows Despite Consumer Services Dip
01/18 EXPERIAN : third quarter growth weaker than expected in key markets
01/18DJEXPERIAN : 3Q Organic Revenue +4%, Keeps FY17 Targets
01/18 TOP NEWS : Experian Maintains Annual Guidance As Revenue On Target
01/18 EXPERIAN : Trading update, third quarter
01/13EXPERIAN PLC : quaterly sales release
More news
Sector news : Financial Information Providers
01/18DJCREDIT SUISSE : Finalizes $5.3 Billion Deal With U.S. Over Pre-Crisis Mortgage S..
01/18 EXPERIAN : third quarter growth weaker than expected in key markets
01/14DJMOODY : Settles Ratings Inquiry -- WSJ
01/04DJEQUIFAX : TransUnion Settle CFPB Claims of Deceptive Marketing
2016DJHot Stocks to Watch in the U.S. and Canada
More sector news : Financial Information Providers
Advertisement
Financials ($)
Sales 2017 4 679 M
EBIT 2017 1 207 M
Net income 2017 777 M
Debt 2017 3 142 M
Yield 2017 2,17%
P/E ratio 2017 22,52
P/E ratio 2018 20,20
EV / Sales 2017 4,52x
EV / Sales 2018 4,22x
Capitalization 17 986 M
More Financials
Chart EXPERIAN PLC
Duration : Period :
Experian plc Technical Analysis Chart | EXPGY | US30215C1018 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 21,0 $
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Brian J. Cassin Chief Executive Officer & Executive Director
Donald A. Robert Chairman
Kerry Williams Chief Operating Officer & Director
Lloyd Pitchford Chief Financial Officer & Director
Barry J. Libenson Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
EXPERIAN PLC-1.09%17 986
EXPERIAN PLC-2.22%17 986
IHS MARKIT LTD9.55%16 367
EAST MONEY INFORMATION..--.--%8 289
HITHINK FLUSH INFORMAT..--.--%5 440
BANKRATE INC0.45%1 000
More Results