Letting Agents predict further rent increases
Fri 12 Jun 2015
Over a third of letting Agents in the UK reported that rents increased in April. In addition, 79% of ARLA agents believe that rents will continue to rise over the next 5 years. The latest monthly private rental sector report from the Association of Residential Letting Agents (ARLA) shows that rents are continuing to rise in some areas.
The report also states that in the last month, the number of landlords selling their buy to let properties has increased, particulary in London. It is likely that many landlords sold as a result of the political uncertainty surrounding the general election and the possible impact of Labour's plans for the privte rented sector. As stability returns demand should remain healthy in what is traditionally a busy period for the property market.
January 2015View older stories >
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