Tuesday, November 22, 2011

Rents remain high

Andy Young the Chief Executive of TBMC comments on rents remaining high -

“The last 12 months has seen steady growth in the rents charged by landlords, with the average
expected rent in the last quarter at £1068.25 compared with £813.96 during the same period in
2010, representing an increase of over 30%. This is very encouraging news for landlords and
demonstrates the growing vitality of the buy-to-let market, as key drivers such as tenant demand
remain strong.”

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