Rental Market
Rents outside of London up by 2.3% year on year but flat for fifth month in a row
Rents paid by private sector tenants in Great Britain outside of London rose by 2.3% in the 12 months to December 2016, unchanged for the fifth month in a row, the latest official figures show. In England rents were up by 2.5%, in Wales they increased by 0.3% and in Scotland they were up by […] The post Rents outside of London up by 2.3% year on year but flat for fifth month in a row appeared first on PropertyWire . Continue reading →
Prime property rents in Home Counties market fell at end of 2016
Prime property rents in the sought after Home Counties region of England fell by 0.8% in 2016 following a 1.6% decline in the final quarter of the year. But activity levels picked up towards the end of the year with tenancies agreed 12% higher between October and December than in the same period in 2015 […] The post Prime property rents in Home Counties market fell at end of 2016 appeared first on PropertyWire . Continue reading →
Rate of residential rental growth halves in Great Britain in 2016
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →