Are Rents Increasing?

Are Rents Increasing?

9 March 2018
Are Rents Increasing?

Two separate sets of figures this week have suggests that newly agreed rents are continuing to rise across the UK. The latest Landbay Rental Index claims that rents in the UK increased on average 0.69% year on year, but specifically 1.57% in the South West of the UK. They also suggest the average rental in the South West is £748 pcm.

Kate West, Divisional Lettings Director, reports, ‘This will offer great encouragement to those thinking about investing in buy to let property for the first time as well as existing landlords looking to keep or even expand their current portfolio’ Kate continues ‘Landlords, and the Private Rental Sector, have been hit with a number of new and updated legislations in the last number of years but data showing rental figures are still on the increase will offer encouragement to new and existing landlords’.

Should you wish to discuss investing in the buy to let market for the first time or expanding your current portfolio please call Kate to discuss in more detail; 01202 432188 or email kate.west@goadsby.com

Related Articles

Spacious Apartment Close to Southbourne Cliff Tops with Patio

6 December

Goadsby are pleased to announce the marketing of yet another stunning apartment close to Southbourne’s cliff top.

Read more

Poole In Demand

6 December

The Lettings team at Goadsby’s Poole office are delighted to report the huge demand for one bedroom apartments to rent in and around Poole town centre.

Read more

St Peters Christmas Fayre

6 December

Goadsby in Bournemouth are delighted to announce the continuation of their support to St Peter’s Church, sponsoring their annual Christmas Fayre for the second year in a row.

Read more
Your session will expire in xx.xx
Continue or Log Out