Tag Archives: average rents

Buy to let rents still rising and unlikely to fall Buy to Let News, Landlord News, Latest Articles, Lettings & Management, Property Market News, Property News

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


More surveys confirm North/South property divide Buy to Let News, Landlord News, Latest Articles, Lettings & Management, Property Market News, Property News

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


Rent Costs Buy to Let Tenants More Than Half their Pay Buy to Let News, Latest Articles, Lettings & Management, Property Market News

Rent costs nearly a third of buy to let tenants 50% or more of their take home pay, according to research by online property portal Rightmove.

While paying private rents averages 38% of take home pay for all tenants. Continue reading Rent Costs Buy to Let Tenants More Than Half their Pay


London buy to let rents 78% higher than rest of UK Buy to Let News, Latest Articles, Property Investment News, Property Market News

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


Buy to let rents keep rising as tenants get poorer Buy to Let News, Latest Articles, Lettings & Management

The average UK rent increased by 2.6% in March to £764 a month, according to the latest survey by specialist landlord insurers Homelet.

London rents are still defying gravity and average £1,156 a month. Continue reading Buy to let rents keep rising as tenants get poorer


UK split into “London” and “the rest” rent divide Buy to Let News, Latest Articles, Property Market News

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 hit almost double the rest of the UK Buy to Let News, Latest Articles, Property Market News

Buy to let landlords are picking up almost double the average monthly rent in London compared to property investors in the rest of the UK.

Average monthly rents in the capital are £1,212 a month, according to landlord mortgage firm BM Solutions.
That’s 69% more than the UK average of £716 and 41% higher than the second-placed South East (£858).
Wales (£474 per month) has the lowest average monthly rent, followed by the North and Yorkshire and the Humber (both £488 per month). Continue reading London rents hit almost double the rest of the UK


Tenants Feel the Strain of Rising Rents and Inflation Latest Articles

Graph of stack of houses with arrow going up it

"Rents and arrears are up say LSL"

Soaring buy to let rents and the rising cost of living are putting pressure on tenant spending power.

Rents were up 1.2 per cent in August – but rent arrears also increased for the first time since April, according to the biggest letting agent across England and Wales, LSL Property Services.

Average buy to let rents hit £713 per month – £8 a month up on the previous peak of £705 registered in July and the highest monthly increase in a year. Continue reading Tenants Feel the Strain of Rising Rents and Inflation


Property Forum and News website where UK landlords and letting agents share best practice