Rents are still rising and are unlikely to drop anytime soon, according to one of the UK’s leading letting agents.
Average rents in England and Wales edged up by 0.4% in May to £712 a month in May – increasing for the second month in a row as the market settled after the end of the stamp duty holiday for first time buyers in March. Continue reading Buy to let rents still rising and unlikely to fall
Buy to let rents slipped back 4.3% to an average £919 a month in May, according to letting agents haart.
Average rents across the country fell, but slightly increased across the UK when excluding London – by around 0.7% to an average £791. Continue reading More surveys confirm North/South property divide
London rents are 78% higher than those in the rest of the country, according to the latest figures from landlord insurer Homelet.
The firm’s monthly index of private rents revealed the UK has two separate rental markets – London and the rest. Continue reading London buy to let rents 78% higher than rest of UK
The great rental divide is splitting the UK as tenants in London pay double the amount for a comparable property elsewhere.
New research shows two distinct rental markets – the capital and the rest. According to property analysts Hometrack. Continue reading UK split into “London” and “the rest” rent divide
London rents are miles higher than anywhere else
London landlords are picking up rents that are double the average for the rest of the country.
The capital is streets ahead of the rest in terms of rental costs – with average rents of £1,372 per month compared with an average £688 elsewhere. Continue reading London rents soar to double the UK average
Rents continue to rise
Rents are raging out of control in some areas of the country as tenants desperate for a home gazump their rivals and offer higher rents than landlords are seeking.
But buy to let seems a game of two halves – with some regions away from prosperous London seeing rents fall. Continue reading Rent prices still going up according to LSL