Rental Market
New rents fall 0.8% across the UK with latest index revealing slowdown trend
New rents across the UK fell by 0.8% in September and at an average of £910 per month are now just 3% above a year ago, according to the latest index. It is the slowest annual growth rate recorded this year by the HomeLet Rental Index and means that rental price inflation has fallen in […] The post New rents fall 0.8% across the UK with latest index revealing slowdown trend appeared first on PropertyWire . Continue reading →
Survey suggests tenants in UK cannot afford further rent rises
Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading →
Brexit not having an impact on UK rents, latest buy to let index shows
The UK’s decision to leave the European Union has had a minimal impact on rents with values up across England and Wales apart from two regions, the latest index shows. Indeed rents in August reach an all-time high of £1,391 in London while rents in the South East continue to rise at a faster pace […] The post Brexit not having an impact on UK rents, latest buy to let index shows appeared first on PropertyWire . Continue reading →