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 [...]
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Savills predicts 20% rise in private rents
Savills is predicting that rents will rise significantly more than house prices over the next five years, on the back of rising demand from those locked out of, or lacking confidence in, the UK housing market. According to the real estate adviser, private renting will account for one in five households by 2016, although supply [...]
Savills predicts 20% rise in private rents
Savills is predicting that rents will rise significantly more than house prices over the next five years, on the back of rising demand from those locked out of, or lacking confidence in, the UK housing market. According to the real estate adviser, private renting will account for one in five households by 2016, although supply [...]
Rents and arrears show February rise
Rents in England and Wales have risen for the first time in 2011, according to LSL Property Services, the UK’s largest lettings agent network. February saw the typical private renter paying £684 per month, with the figure up 0.2% on January and 3.9% year-on-year. For landlords, total annual returns remained steady at 3.4% and average [...]
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 [...]
