The year has exceeded expectations, with sellers adopting more competitive pricing strategies. The average property asking price is now £362,143 and the average rent £1,231 PCM The current year is surpassing expectations, with sellers adopting more competitive pricing strategies. This month, average new seller asking prices have decreased by 1.7%…
Read MoreFleet Mortgages’ Latest Market Analysis Shows Third Consecutive Quarterly Rise in Annual Rental Yields Specialist buy-to-let lender, Fleet Mortgages, has unveiled the most recent edition of its Buy-to-Let Rental Barometer, which presents rental yield data for Q3 2023 across England and Wales, comparing it to the same period in 2022….
Read MoreAugust witnessed a rise in the average number of potential tenants registering for rental properties, with 197 registrations compared to the 149 recorded in July. Simultaneously, the supply of available rental properties per member branch dwindled, averaging just 11. Furthermore, 69% of agents participating in the survey reported an increase…
Read MoreThe latest data from Rightmove reveals that average asking rents for new tenants outside of London have reached an all-time high at £1,231 per calendar month. This figure represents a remarkable 33% increase compared to pre-pandemic levels in 2019, with an increment of over £300 from £923 pcm. By contrast,…
Read MoreIn May, six out of the eight regions monitored by Goodlord experienced an increase in rental prices. The average cost of rent per property in England rose to £1,111, up from £1,103 in April, representing a 1% increase. This marks the fifth consecutive month of rising rents, reaching the highest…
Read MoreAverage UK rents have increased for the sixth consecutive quarter, according to The Deposit Protection Service, whilst also producing evidence that some tenants are paying above the going rate to secure a property The UK’s largest protector of deposits, which safeguards 1.8m rent securities, says that average rents now stand…
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