Buy to Let Rent Rises Still Slowing
Buy to let rents are stagnating across most of the country and even falling in London, the latest official statistics show. The rate of rent increases has slumped in the UK since November 2015. Then, the average annual rate was rising at 2.7%. Now, the figure has...
Tenants Paying More Rent, but Rate of Rising Slows
The cost of renting a private home is rising, but the rate of increase is slowing, according to the latest official statistics. In the year to the end of October, buy to let and shared house rents rose by 1.5% – down from 1.6% in September. Private rents in...
One in Five Homes Are Now Buy to Lets, Says Government
Buy to let has mushroomed from 10% of homes in the 1990’s to grab a 20% share in the latest English Housing Survey from the government’s Office of National Statistics. Essentially, the report reveals the number of buy to let homes has doubled since 2003. The latest...
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