Rental Prices
Rental growth slowed down in Scotland at end of 2016 but demand is high
Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading →
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 →
Rents in UK up 3% year on year but some regions falling on quarterly basis
Asking rents in the UK increased by 3% annually outside London in 2016 with the highest growth recorded in northern regions, the latest index shows. However, rents in London fell 4.4% with inner London seeing the biggest decline in the fourth quarter of 2016, according to the data from real estate portal Rightmove. In 2017 […] The post Rents in UK up 3% year on year but some regions falling on quarterly basis appeared first on PropertyWire . Continue reading →