The latest buy-to-let index released by LSL Property Services reveals that not only are rent booming in the capital but they are also rising across the country. Nice to know for us provincial landlords who seem to get overlooked by the national media.
Rents were up the most in the South East and the East Midlands last month rising by 1.8% and 1.1% respectively compared to August. Rents rose the least in the West Midlands and North East, up by 0.2% and 0.3%.
Landlords need to make the most of increasing rents as Property Hawks sister website the Rentindex indicates that from now on there is a seasonal drop off in rents until the spring.
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