Lettings
Fewer new tenancies are being agreed at asking price, research shows
Fewer people are paying above the asking rental price for a home in central London with only 8% doing so in August, down from 17% in the same month last year, new research shows. While in Greater London some 13% of rentals were let above their asking price, a fall of 4%, the data from […] The post Fewer new tenancies are being agreed at asking price, research shows appeared first on PropertyWire . Continue reading
Signs of central London prime rental market reviving post Brexit
The number of new rental properties placed on the prime property market in central London the three months to July increased by almost 40% as rents fell by 4.1%, according to the latest index. The number of new prospective tenants also increased, up by 7.2%, while the number of tenancies agreed increased by a fifth […] The post Signs of central London prime rental market reviving post Brexit appeared first on PropertyWire . Continue reading
Average residential rents reach all-time high in England and Wales
Average rents in England and Wales reached an all-time high of £846 in July 2016 and are now up 5.2% year on year, according to the latest index. Annual growth was led by the South East with a rise of 14.9 % over the year and according to the Your Move buy to let index […] The post Average residential rents reach all-time high in England and Wales appeared first on PropertyWire . Continue reading
