Buy To Rent

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Rents Over £1,000 per Month

Average rents have risen by 4% over the past three months and over 12% over the last six months, they have now reached over £1,000 per month.

33% of landlords have stated tenant demand has expanded and is at the highest figure for four years. 58% felt it was strong and stable. Annual rents rose from £11,886 in February to £12,041 in March, giving yields of 6.3%.

Buy to Rent remains strong across the country partly because would-be buyers are unable to secure a mortgage at the present time and are choosing to rent property.