At Designs on Property, we analyse property market information from a consumer and supplier perspective. Our private rental sector update summarises latest rental reports and surveys over the last few months, including room rents. We then consider what trends are emerging both from studying the statistics but also talking to agents, landlords and tenants and discuss the implications this has for agents, legal companies, landlords, property investors and tenants.
Key headlines this month include:-
Savills – “As the number of households in the UK entering private renting continues apace, the appeal of residential investment in the sector looks set to widen”
Homelet – “The average cost of renting a home is now £777 per month, which is 4.5% higher than in January 2012. When comparing this month’s average rental amount with December 2012’s, tenants are paying an average of 0.6% less.”
Acadametrics/LSL BTL – “Tenant finances recover as rental dip gives breathing space”
Belvoir Lettings – “Rents steady and stable across the UK”
View the detailed Rental Market report, which includes:-
- Are rental indices showing consistent trends?
- Rental indices broadly report similar average rents and trends
- Help for Tenants
- Help for Landlords
What to do next? For more help, from Kate and her team, join Property Checklists for free.
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