Buy To Let
London rents rose by just a tenner in 2016
The estate agent said that average rent was £811 in England and Wales during December, compared to £790 at the start of last year.
The East of England saw the fastest rent rises in the last 12 months, closely followed by the South East, while most regions saw rents rise or stay broadly flat compared to 12 months ago.
Just two regions saw a year-on-year decline – the South West and the North East. London continues to be home to the most expensive rental properties, as it was at the start of the year.
Valerie Bannister, lettings director at Your Move, said: “The rental market in England and Wales has ended the year strongly, with all key indicators looking positive.
“Rents ended the year higher than they started in most areas, yet tenant arrears have remained broadly at the same level. Average yields have remained stable across the country, with some regions continuing to offer well above average returns to investors.”
There are 0 Comment(s)
Your right to a refund if travel is affected by train strikes
There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...
Could you save money with a social broadband tariff?
Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.
How to help others and donate to food banks this winter
This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Five tips for surviving a bear market mauling
The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...
Money Tips of the Week
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.