Rents in England and Wales rose for the first time in three months in April, according to the latest buy-to-let index from LSL Property Services. The lettings agent chain recorded a 0.5% average increase, to £709 per month, although the annual rate of gain steadied to 2.4%, compared to 2.7% in March. Rents rose in [...]
LSL Property Services
Rents dip as tenants look to buy
Rents in England and Wales dipped in February as tenants considered moving into the sales market to beat the end of the stamp duty holiday. According to the latest buy-to-let index from LSL Property Services, average rent fell by 0.6% to £707 per month, with the biggest decreases in the East Midlands (-2.2%) and West [...]
Rents dip as tenants look to buy
Rents in England and Wales dipped in February as tenants considered moving into the sales market to beat the end of the stamp duty holiday. According to the latest buy-to-let index from LSL Property Services, average rent fell by 0.6% to £707 per month, with the biggest decreases in the East Midlands (-2.2%) and West [...]
January rent rise a first
Rents rose by 0.1% in January, to an average £712, according to LSL Property Services. Last month’s increase marked the first rise for the month since the firm’s records began and took annual rental inflation to 4.3% (December 4%). On a monthly basis, rents rose the fastest in the West Midlands and South West, where [...]
Rents rise 4% over 2011
Monthly rents across England and Wales fell for the second consecutive month in December, showing a seasonal dip of 0.8% to an average £711, according to the latest Buy-to-Let Index from LSL Property Services. Seven out of nine regions saw falls, with the biggest declines in the South East and North East (-1.9% and -1.4% [...]
Rent rises slow
Rent rises across England and Wales have slowed, according to the latest Buy-to-Let Index from LSL Property Services. October saw an average 0.2% increase, the lowest monthly increment since February. Even so, nine months of consecutive increases took average rent to a record high £720 pcm. On a monthly basis, October rents leapt in the [...]
Rents rise in all regions
September saw rents rise across all regions of England and Wales for the first time on record, LSL Property Services reports. Average rent increased 0.7% during the month, hitting a new high of £718 pcm, with rents now at record highs in London, the South East, Yorkshire and the Humber, the East of England, Wales [...]
High demand and low interest rates bolster landlord confidence
Today’s high rents have bolstered landlord confidence, with 49% of buy-to-let investors thinking now is a good time to invest (up from 47% a year ago), and 68% of landlords expecting tenant demand to grow in the next 12 months. According to new research from lettings agent network, LSL, average rent has regained its all-time [...]
Average rent returns to 2010 peak
Rents in England and Wales have regained their November 2010 high, according to the April Buy-to-let Index from LSL Property Services. The month saw a 0.8% average rise compared with March, to £692 per month, with average yield hitting 5.1%. LSL estate agency managing director, David Newnes, says the typical landlord is charging nearly £30 [...]
Rents slip as buy-to-let attracts investors
Rents in England and Wales fell slightly in January, as the buy-to-let market saw a growing number of investors.
According to the latest Buy-to-Let Index from LSL Property Services, average rent dropped by 0.3% (£682) compared with December but remained 4% higher than a year ago, with signs of renewed growth in several areas.
The January movement [...]
Rents rise for 10th consecutive month
The average rent in the UK rose to £692 per month in November, having increased for the tenth month in a row.
However, the latest Buy-to-Let Index from LSL Property Services shows growth slowing to 0.1% in the run-up to Christmas, and rent rises seem to have ended in several parts of the country.
The east [...]
