The 5th edition of Allsops Rent Check report has been published. The report covers the changing environment of PRS in England and Wales over the past two year - during which time the Private Rented Sector has grown by 13.9% to 4.377m households .
Allsops report average rental growth for 2 bed flats across the regions is +2.38%, with the South East performing strongest, up 10.07%.
House price growth over the past two years has surpassed rental growth, with Halifax and Nationwide recording more than 15% growth in house prices across England and Wales.
With rental yields falling from 6.1% in Q1 2013 to 5.7% in Q1 2015, landlords returns are almost totally reliant on capital growth.
The Five Year Outlook
Increasing importance of PRS to meet housing demand with the ONS estimating the UK population will grow from 64.8 million to 67.2 million by 2020, an increase of 1,327,000 households, of which one million expected to provided by the PRS.
Can Buy-To-Let Investors Meet The Demand?
By the end of 2007, there were over 991,600 buy-to-let mortgages in place with a value of over £116 billion (CML,
Take advantage of our discounted landlord insurance rates
No comments:
Post a Comment