lettings market
Rents increases in England and Wales levelled off in October
Residential rent increases in England and Wales levelled off in October, with the average property being let for £900 per calendar month, down slightly from £907 in September. However, despite the slight drop in rents compared to last month, this is the second highest rent ever recorded by the buy to let index from Your […] The post Rents increases in England and Wales levelled off in October appeared first on PropertyWire . Continue reading →
Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees
Some 40% of residential landlords plan to increase rents if they are left to pick up the cost of the ban on letting agents charging fees in England, a new poll has found. Only a third of the respondents questioned said that they would definitely not raise their rents, meaning that potentially two thirds of […] The post Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees appeared first on PropertyWire . Continue reading →
Analysis suggests ban on lettings fees will not have major finance impact for landlords
Private sector landlords in the UK are not facing large extra costs due to the new ban on letting agent fees with the financial impact amounting to around £25 a month on average, according to new research. If letting agents pass on the cost to landlords it will amount to a loss of just 0.14% […] The post Analysis suggests ban on lettings fees will not have major finance impact for landlords appeared first on PropertyWire . Continue reading →