Homelet Rental Index July
August 9, 2016
HomeLet yesterday released new data from their rental index which headlined ‘Outlook for rental market strong despite slowing growth in rents’
Rents across the UK continued to rise during July according to new data from Homelet.
The outlook for rental market remains strong despite impending tax changes and uncertainties post-Brexit.
The index, the most comprehensive data available on the UK’s private rental market, shows that rents agreed on new tenancies across the UK (excluding London) over the three months to the end of July were up by 2.3 per cent, compared to the same period in 2015. In the capital, meanwhile, rents were 4 per cent higher.
Read the full Homelet Rental index report in detail click here
You May Also Enjoy
0% mortgages – are they too good to be true?
With the reintroduction of 0% mortgages, are they too good to be true? A property expert weighs in This morning, Melton Building Society announced that they’re now offering 0% mortgages to customers. However, are these too good to be true? The deal is a five-year fix at 5.99 per cent with a £199 application fee,…
Read More 
Property Auctions: What Buyers and Sellers Need to Know Before Taking the Plunge
As more homes are bought and sold via auction, consumers are being urged to fully understand the process so they can gain maximum benefit, according to Stuart Collar-Brown, President of NAVA Propertymark (National Association of Valuers and Auctioneers). Property auctions continue to grow in popularity, offering buyers speed and transparency and providing sellers with greater…
Read More 
5 Welfare Hire Providers to Consider for Your Next Housing Project
At a Glance Welfare facilities are essential on UK housing sites to meet compliance requirements and keep teams safe, comfortable, and productive. Choosing the right hire provider depends on unit type, capacity, sustainability features, site access, and service support. Here are 5 providers to shortlist from. Welfare Hire for Housing Projects On-site welfare facilities are…
Read More 
Mortgage market activity forecast to climb
The latest analysis from award-winning mortgage adviser, Alexander Hall, has revealed that mortgage market momentum has been building steadily over the last three years, with average monthly approvals for both house purchases and remortgaging increasing, and further growth forecast across the first half of the year. Alexander Hall analysed historic Bank of England data on…
Read More 
Highest number of homes listed for sale for a decade and falling mortgage rates signal good news for first time buyers
40% of homes are now cheaper to buy than rent – up from 25% a year ago February on track to record the highest number of newly listed homes for sale in a decade as confidence returns to the housing market There are currently 6% more homes for sale than a year ago – this…
Read More 
Property market momentum set to continue
The latest analysis from award-winning mortgage adviser, Alexander Hall, has revealed that mortgage market momentum has been building steadily over the last three years, with average monthly approvals for both house purchases and remortgaging increasing, and further growth forecast across the first half of the year. Alexander Hall analysed historic Bank of England data on…
Read More