Monday, March 02, 2009

Tenants are Winners and Landlords are Losers



More rental data shows falls in rents in many parts of the UK.

Tenants continue to profit from falling rents in these difficult times.

The picture for rental demand varies dramatically on a regional scale. In London and the South East, average rents have fallen by 5.9% and 6.1% respectively in the past year. In comparison, the North East has actually seen rents increase by 10% since February 2008.

Read more detail in this Moneywise article

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