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Wednesday, May 13, 2015

Pre - election slump in rent ends

Residential rents have been on a downward slide leading up to the election according to the Rentindex - the UKs only real time barometer on UK buy-to-let rents.

The Rentindex shows that over the last 3 months rents which still exhibit a long-term upward trend, have slumped 3%. 

Rents though have very recently recovered by 0.7% over the last month perhaps reflecting landlords relief that rent controls were no longer on the post election menu.

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