Tag Archives: rents

Buy to let rents hit record high Buy to Let News, Latest Articles, Lettings & Management, Property Market News

For Rent SignRents have bounced back to a record high as the mortgage squeeze forces would-be buyers to rent a home and into the hands of buy to let landlords.

Average rents in England and Wales in April hit £692 a month – a peak last seen in November, according to LSL Property Services, one of the UK’s largest letting agent networks.

Rents are now 4.4% higher than 12 months ago, with average yields weighing in at 5.1% as rents outpaced property prices. Continue reading Buy to let rents hit record high

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