Homelet Rental Index July

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…

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Average rents fall in October

Rents reached an all time high in September of £816 a month across England and Wales, October saw a small reduction down to £806 a month, just a dip of 1.2%, however rents are still 4.7% higher than a year ago, this is according to Your Move estate agents. Despite the slowdown in rent rises…

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The Manchester Metrolink Rent Map 2015: How Far Will Your Money Go?

Metrolink Rent Map

Manchester-based digital agency Digital Media Team has put together a handy rental map of Manchester, showing the average monthly cost for a one-bedroom property based on the postcode of each stop on the Metrolink route. It’s not as shocking as the London Underground Rent Map (£2920pcm for a one-bed at Hyde Park Corner, anyone?), but…

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Tenants renting their homes for long term.

The latest findings from the HomeLet Rental Index reveal that over the three months to October the cost of a tenancy outside of London rose by 3.5 per cent when compared to last year. Whilst this level of growth for new tenancies continues to outstrip the rate of inflation, this is much lower than the…

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Property supply dwindles according to NAEA

According to the National Association of Estate Agents  UK housing market report for August 2014 , the number of properties available to buy per estate agent fell to an eleven year low in the month. Supply of available housing fell by a third in the last month, with 38 houses available per branch in August,…

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Sign up or face fine

The deadline for Landlords to sign up to an official deposit scheme is 23rd June this year, those that fail to register with such a scheme will face heavy penalties. The Government is running a 90-day amnesty for Landlords who have yet to put their tenants’ deposits into an official scheme,  it is thought that…

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