Countrywide Lettings Index August 2016
August 23, 2016
Countrywide Lettings Index August 2016 released Monday August 15th 2016 headlines ‘London rental growth slows’.
Rents in London 0.5% lower than in July 2015.
Stock surge sees the number of homes available to rent in Great Britain rise 23%.
Demand from tenants increases too, with 10% more searching for a home to rent.
Rents across Great Britain rise by 1.5% with the fastest growth in Northern England.
Read the Countrywide Lettings Index August press release in full. Click here
You May Also Enjoy
Property sitting on the market? Experts reveal top tips to unlocking property sales
Many homeowners understand the frustration of properties sitting on the market for extended periods of time with no sale on the horizon. Leading estate agency group, Beresfords, has released advice to help sellers take control of their sales journey. With the average time from initial marketing through to a successfully agreed offer now standing at…
Read More 
Demand for Coastal Living Remains Remarkably Resilient
Coastal house prices fall by as much as 38%, but seaside hotspots still command premiums of up to 76% The latest research by Yopa has revealed that house prices across some of the nation’s most popular seaside hotspots have fallen by as much as -38% over the last year. However, many continue to command…
Read More 
Buyer demand bounces back after May heatwave
New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand has bounced back after a temporary dip due to the May heatwave during the school holidays Starting on May 22nd, buyer demand dropped by 8% over the course of the heatwave week, as potential buyers held off from booking viewings to…
Read More 
Breaking Property News 11/6/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Leasing decisioning platform set to scale with new injection of investment Findigs, the AI-native leasing decisioning platform that helps residential operators across the U.S. improve revenue and grow their bottom line, announced that it closed a $32 million Series C funding round led by…
Read More 
Cost of void periods climbs by as much as 53% for landlords
Landlords face growing pressure on profits as the cost of void periods climbs by as much as 53%. The latest research by property management specialist, Rushbrook & Rathbone, has found that the average cost to landlords as a result of void periods between tenancies has climbed by as much as 52.9% across some areas…
Read More 
Lack of Supply Keeps Upward Pressure on Rents
More ‘affordable’ areas see rents rise two times faster than the national average Rents are rising 5% on average in more affordable areas where rents are below £750pcm – over twice the national average of 2.1% Regionally, Carlisle (+9.1%), Kilmarnock (+9%) and Halifax (+6.5%) are among the fastest-rising markets where rents are rising quickly…
Read More