New figures have shown that rents within the UK have continued to rise during the past twelve months. Rise. Findings from the HomeLet Rental Index suggest that rents in Britain are now 10.2% higher than at this time last year.
In outer London rents were down 0.2% on an annual basis and down by 0.7% quarter on quarter, the data also shows. average gross yields in prime central London increased over the course of 2018,
negative this year for the first time since 2008 as rental performance and pricing concerns in the retail sector are driving increases in yields. Colliers expects negative total returns of -1.2% in 2019, but forecasts a return to positive growth thereafter. Negative capital growth of -5.8% contrasts with sustained positive income returns
Private rental prices rose by 1.3% in the 12 months to May 2019, up from 1.2% in April, ONS’s Index of Private Housing Rental Prices has found. Private rental prices in Wales grew by 1.1% in the 12 months to May 2019, unchanged since February 2019. Rental growth in Scotland increased by 0.8% in.
UK private rental prices growth rate strengthens. Private rental prices paid by tenants in the UK increased by 1.3% in the 12 months to May 2019, up from 1.2% in April 2019. For example, a property that was rented for 500 per month in May 2018, which saw its rent increase by the average rate in the UK, would be rented for 506.50 in May 2019.
However, in the rental market the take-up of new rental tenancies increased by 27.7% year on year, according to the research from property consultancy Strutt & Parker. Overall the firm forecasts that.
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& Light over the year to December 2018 compared to the year to September 2018. group, which includes house purchase costs, rents, dwelling insurance, water charges (increased in April 2018) and Island-wide and parish rates (increased in September 2018).. costs increased by 1.2% in this.
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The number of tenants in the UK’s private rented sector experiencing rent increases fell to its lowest. This is the lowest level seen since April, when supply stood at 179 and is down 4% year on.
Overall rents in prime central London were unchanged on a quarterly basis and down just 0.2% year on year, according to the May 2019 report from real. agreed in both markets increased by 11% in the.