Posts Tagged ‘rents’
London park rents reduce by as much as half from one side to the other
The latest research by Spotahome, the international rental marketplace, has looked at the cost of renting around London’s most sought after green spaces, as well as how tenants can reduce their rental outgoings simply by living on one side compared to the other. Spotahome looked at the average rental cost in each outcode straddling the…
Read MoreAnnual rents in South West England rising faster than anywhere else according to Your Move
Latest Your Move England and Wales Rental Tracker – October 2018 data headlines ‘Atumn positives for rental market’. The report reveals that seven of ten regions posted annual price rise with rents in the South West rising faster than anywhere else. The avearge rent across England and wales now stands at £861 (seasonally adjusted) according…
Read MoreRents rose in every region of GB in September, the first time since January according to Hamptons International
Latest Hamptons International Monthly Lettings Index report – September 2018 headlines ‘Landlord purchases fall by £5.2 billion in 3 years’. The report reveals that in H1 2018 landlords spent £12.1 billion on new buy-to-let purchases, £5.2 billion or 30% less than in H1 2015 (£17.3 billion). In London landlords spent £3.5 billion purchasing rental homes…
Read MoreCurrent number of properties to let in Greater London at lowest since March 2015 according to Home.co.uk
The number of available properties to rent is falling at an alarming rate, particularly in Greater London, according to latest figures from Home.co.uk. The recent press release reveals that the number of available homes to rent in Greater London that have been on the market for 20 weeks or less plummeted by 24% over the…
Read MoreRents 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…
Read MoreAverage rents across the UK rose by 0.9% in August according to Homelet
Latest Homelet Rental Index report – August 2018 reveals that average rents across the UK rose by 0.9% in August 2018 when compared to the same month a year previously. The average monthly rent is now £947 according to Homelet, however they state: when London is excluded, the average UK rental value was £786 in…
Read MoreAverage UK monthly rent for July 2018 is now £937 according to Homelet
Latest Homelet Rental Index report – July 2018 data reveals reveals that average rents across the UK rose by 1.3% in July 2018 when compared to the same month a year previously; the average monthly rent is now £937. Rents in London increased by 3.3% in July 2018 than in the same month of 2017;…
Read MoreRents in UK expected to continue to rise over next 5 years according to RICS
The latest RICS UK Residential Market Survey – July 2018 released today headlines ‘Rents to continue to rise, as supply of new property to let drops again’. The survey highlights the continued reduction of new property being put on the market in the lettings sector with 22% more respondents seeing a fall rather than rise…
Read MoreRents have risen 60% faster than average wages across England according to new research by housing charity Shelter.
New research from Housing Charity Shelter reveals that rents have raced 60% faster than wages since 2011 across England and it shows this crisis is spilling out of cities and into leafy English market towns and suburbs like Tunbridge Wells, Sevenoaks and Milton Keynes. Research report ‘Rentquake’ hits middle England as rents race above wages…
Read MoreAverage UK rents rose by 1.8% compared to same month a year previous according to Homelet
The latest Homelet Rental Index Report – June 2018 reveals that average rents across the UK rose by 1.8% in June 2018 when compared to the same month a year previously. The average UK monthly rent now stands at £924 for June 2018, when London is excluded, the average UK rental value was £767 in…
Read MoreRents across UK show modest rise in 1st Qtr 2018 according to Homelet
The latest Homelet Rental Index report for March 2018 reveals that the average rent in the UK is now £912, up by 0.9% on the same time last year, when London is excluded, the average rent in the UK is now £759, this is up by 0.1% on last year. Rental prices across the UK…
Read MoreRental 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…
Read MoreAverage rents across UK rose by 2.4% in January 2018 compared to previous January 2017 according to Homelet
The latest Homelet Rental Index report – January 2018 data released today reveals that average rents across the UK rose by 2.4% in January 2018 when compared to the same month a year previously. According to Homelet report the average monthly rent for the UK for January 2018 is now £909, when London is excluded,…
Read MoreLondon Landlords cutting rents according to NLA
Latest news release 6th February 2018 from the National Landlords Association (NLA) reveals that London landlords are cutting rents. According to recent research by the NLA, one in five landlords (16 per cent) in outer London has reduced rents over the last year. The NLA state in their report: The research also shows that the…
Read MoreLondon 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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