Recent political turmoil has had little immediate impact on renters says Your Move

July 28, 2017

The latest Your Move England & Wales buy to let index June 2017 data shows that the general election result has had no immediate impact on retail prices.

 

All regions saw rents rise or remain level month-on-month in June.

Average rent across England and Wales stood at £827.

The average rent across the two nations increased by 1.6% between May and June and by 2.1% since June 2016.

Yield levels improved in the North East and North West.

Richard Waind, Director, Your Move, comments:

“Compared to May, rental prices have held firm or continued to increase – suggesting that recent political turmoil has had little immediate impact on renters’.

The squeezing of yields in recent times may also be showing signs of ending as landlord returns remain relatively stable with the North East and North West, in particular, performing well.

To read the latest Your Move England & Wales buy to let index report in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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