Average rent in England and Wales continues to climb.
September 12, 2016
According to Your Move Buy to Let Index August 2016: The average rent in England and Wales now stands at £846 per calendar month, the highest figure ever recorded by Your Move.
July’s figure is 5.2% higher than last July and 4.4% up on the £810 recorded in June 2016.
South East sees rent increases of 14.9 % over the year, North East home to highest yields at 5.5%, London lowest at 3.2%.
Source of news item Your Move, to read the article in full along with data click here
You May Also Enjoy
Home gym can add more than £24,500 to the value of a new-build home
The latest research from UK Property Development has revealed which sought-after features can add the most value to a new-build home, with dedicated wellness spaces and premium interior finishes commanding the largest price boosts. The research analysed the estimated potential uplift in value associated with some of today’s most desirable new-build features, applying each uplift to…
Read More 
Beachfront homes command £1.4m as Britain’s love affair with the seaside endures
The latest research from LandSale, the property portal dedicated to land and rural property, has found that beachfront homes continue to command a substantial premium across Great Britain, with the typical property carrying a £1.395m asking price, more than five times the average British house price. LandSale analysed its own internal market data for beachfront…
Read More 
Four to five houses is the sweet spot for first-time buyers
House hunting before the stress kicks in Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a gradual rise in stress levels the more properties viewed Overall just…
Read More 
Opinion: Why Letting Agents Are The Cape-Wearing Heroes Landlords Need
By Sally Lawson | Agent Rainmaker Let’s be honest – no landlords signed up to become compliance officers, legal experts, or legislative gurus. They signed up to invest in property. And yet, the weight of the regulatory obligation that’s landed on their shoulders has never been heavier. And that’s even before the Renters’ Rights Act…
Read More 
Void periods ease following RRA implementation, but remain higher than a year ago
The latest analysis by property management specialist, Rushbrook & Rathbone, has found that average rental void periods across England have eased since the implementation of the Renters’ Rights Act (RRA) in May, suggesting that landlords are beginning to adapt to the new legislative landscape. The firm believes many are using this period of change as…
Read More 
76% of Poor Conveyancing Experiences Feature Communication Issues
Konnect You analysis finds that communication issues feature in more than three in four poor conveyancing experiences, with missing updates, slow responses and repeated chasing emerging as common frustrations. Communication problems, including limited updates, delayed responses and repeated chasing, featured in 76% of poor home-mover conveyancing experiences analysed by Konnect You. The findings suggest communication is a major factor in how home movers experience delays.…
Read More