Rents outside London continue to rise according to Hamptons International

Latest Hamptons International Monthly Lettings Index report – August 2018 reveals that London rents on newly let homes (i.e. homes advertised on the open market to let) fell for the third consecutive month, down -0.8% year-on-year, however rents on newly let homes in Great Britain excluding London, rose 2.0% year-on-year. Rents on those properties where…

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Rental market grew in 2017 according to Countrywide

The latest Countrywide plc Monthly Lettings Index – January 2018 released this week reveals that rising rents and more households renting means 2017 was a record year for total rent, last year tenants in Great Britain paid a record £51.6 billion in rent, an increase of £1.8 billion on the previous year and more than…

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London goes from having the slowest rate of rental growth in England to the fastest.according to Countrywide

The latest Countrywide Plc Monthly Lettings Index report – December 2017 released 15th January 2018 headlines ‘Rental growth accelerates in 2017.’ Last year (2017) rents rose by an average of 2.4%, an increase from 1.8% in 2016 according to Countrywide. The Countrywide report reveals that London goes from having the slowest rate of rental growth…

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Rental growth remains low across Great Britain says Countrywide

The latest Countrywide Plc Monthly Letting Index – April 2017 headlines ‘More London investors buy outside the capital than ever before.’ The proportion of London investors buying outside the capital has reached 50% in 2017, the highest on record. London investors bought over 22,000 homes outside the capital in 2016, up from 3,300 in 2010 – more…

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A record number of Landlords buy in cash last month.

Countrywide yesterday 14th February released their Monthly Lettings Index – January 2017 headlined ‘Cash landlords hit a record high’. In the highlights they reported that  January 2017 saw a record 61% of landlords buy in cash, up from 59% last year and 41% in 2007.  In the North West of England landlords are most likely…

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