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Rents fell by 0.9% to an average of £1,268 last month, but “this will only provide the slightest breathing space in what continues to be a tough market,” according to data from HomeLet. Tenant housing costs were down in all UK regions in the month to December, with the exception of the East Midlands, which saw
New figures have signalled the end of double-digit rental returns, what does this mean for your rental portfolio?
Glimmer of hope as regional monthly rates decreased by -0.2%
Tenants are now paying nearly 10% more in rent despite the UK average rental price decreasing by 0.3%. Data from HomeLet Rental Index shows that rents in many regions have decreased from October to November. And that tenants are paying out hundreds of pounds more each month compared to this time last year. The
Property news from across the North West