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Thursday, November 17, 2011

Savills predict 20 percent growth in rents

Rent forecasts are still sounding positive.

Savills are predicting that it can see rents out performing property values over the coming five years thanks to the continuation of increasing demand.

They predict that  average rents will increase by 20.5% by the end of 2016 against their prediction of house prices at just 6 percent over the same period.

Landlords just need to hope that interest rates stay where they are and we will all be fairly happy.

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