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
Data and commentary from Rightmove on stamp duty reforms
Colleen Babcock, Rightmove’s property expert said: “We’ve been calling for stamp duty reform for some time now, as it’s a significant barrier for many people moving home. Abolishing it completely would remove one of the biggest barriers to moving, unlocking more moves at all stages of the property ladder. “Our data shows that only 5%…
Read More 
Second-time buyers dominate demand for longer term fixed mortgage deals
Second-time buyers are dominating demand for longer term fixed mortgage deals, fresh data from Moneyfacts Analyser can reveal. Of those looking for fixed term deals on moneyfactscompare.co.uk: Almost two-thirds (58%) of second-time buyers who compared mortgage deals using the moneyfactscompare.co.uk website were considering terms of three years or longer in the 30 days to 1…
Read More 
59% Increase in First Time Buyers in Summer 2025
The summer of 2025 saw a 59% increase in first-time buyers getting on the property ladder compared to the same period in 2024, according to a report by Compare My Move who surveyed users purchasing a house with a conveyancing solicitor. Average Percentage of First-Time Buyers Year Entire Year Summer Months 2024 66% …
Read More Living within 20 minutes of your local town centre could add £30,000 to your home’s value
The latest research from geo-location property platform, The Property DriveBuy, has found that homes within a 20-minute walk of their nearest town centre command a significant price premium, adding as much as £30,000 to property values. The Property DriveBuy analysed more than 24,000 homes currently listed for sale across England, comparing average asking prices for…
Read More 
Most expensive homes sold so far this year
Most expensive homes sold so far this year revealed – where does your region rank? The latest research from global HNW finance brokerage, Enness Global, has found that whilst the wider UK property market may be treading water at present, high-end properties are continuing to change hands for eye-watering sums, with the top five most…
Read More 
Homeowner horrors that could wipe £54,000 off your property’s value
With Halloween on the horizon, nationwide cash buying company and quick sale specialists, Springbok Properties, has revealed the housing horror stories that could give sellers the biggest fright, with subsidence topping the list, knocking more than £53,000 off the value of the average UK home. Springbok Properties analysed 10 of the most common homebuyer turn-offs,…
Read More