Wanted: More Landlords!
There are five regular monthly rental sector reports. Some cover the UK and some cover just England and Wales. This is a summary of the report headlines and latest data together with Kate Faulkner’s commentary on the implications for landlords and tenants:-
Report Headlines:-
Move with Us – “July has seen a significant stabilising of advertised rents when viewed against previous months in 2013. (July 13)”
Acadametrics/LSL – “Rents rise more slowly than inflation. (July 13)”
Belvoir Lettings – “Average rents across the UK for July 2013 were £687, £7 more per month than 2012. However this was £8 less per month than in July 2008, over five years ago, for offices which have traded consistently over the last five years. (July 13)”
Homelet – “A record month for the UK’s rental market. (July 13)”
CML – “Buy-to-let lending tops £5 billion in second quarter. (Q2 13)”
Kate Faulkner comments on Rental Report Headlines:
“Most rental reports are showing a slowdown in rents – mainly due to very little movement in disposable income. The only report which is showing a hike is Homelet, but over the last few years, we’ve seen their data tends to overestimate average rental trends.”
Read the complete Rental Summary for August 13 here, including:-
- Regional Rental Price Variations
- Capital Growth & Yields for Landlords
- Demand for Rented Properties
- Supply of Rented Properties
What to do next? For more help, from Kate and her team, join Property Checklists for free.
- Renting by the Room
- Why join a Landlord Association
- Buy to Let
- Renting a Property
- Selling a Property
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