Rents rise in second quarter
7th August 2019
The DPS report a marked increase in rents in the second quarter, with a 1.8% rise from Q1 2019. This is the largest quarterly increase reported since rents began to decline in Q4 2017.
Strongest growth in rents was seen in Scotland (5.4%), largely driven by a steep increase in the average rent paid for flats. London also saw above average growth at 2.2%.
The West Midlands and Northern Ireland were the only regions to experience a decrease in average rent, falling by -1.3% and -1.2% respectively.
At the national level average rents rose across all property types but terraced houses experienced the greatest increase, rising by 4.6%.
Who, How and Why of HMO Investors
12th July 2024
Around half of HMO (house in multiple occupation) landlords surveyed said that they use their property or portfolio as their…
Understanding the Labour Party’s Plans for the Rental Market
12th July 2024
With the Labour Party’s recent take over, we look back at their manifesto to identify the significant changes that are…
Explore Non-Traditional Deposit Options, Company Guarantors & Bills Packages: A Win-Win for Landlords and Tenants
12th July 2024
As the rental market evolves, there has been a notable 25%+ increase in demand for alternative deposit solutions, according to…