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Rental growth in UK slowed in second half of 2016

Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading

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Rents outside of London reach average of £750 a month, latest index shows

Renting a home is becoming more expensive in the UK outside of London as rent paid rises and pay falls, the latest letting index suggests. The average rent paid for a residential property outside the capital city was £750 in December and increased by 2.04% over 2016, according to the Landbay rental index. The index […] The post Rents outside of London reach average of £750 a month, latest index shows appeared first on PropertyWire . Continue reading

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Small builders in UK costs hit by falling pound caused by Brexit

The majority of smaller builders in the UK are being affected by currency changes caused by the decision to leave the European Union, new research shows. After the result of the referendum on the EU the pound lost out against other currencies including the euro and the US dollar and this is affecting builders as […] The post Small builders in UK costs hit by falling pound caused by Brexit appeared first on PropertyWire . Continue reading

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