Nearly Half of Landlords Set To Raise Rents

Four in ten landlords will raise their rents in the next year, according to a survey by LSL Property Services. One third say they will raise rents above 1% in the next 12 months, with an average estimate of 3.7%. Currently, average rents are rising at an annual rate of 1.5%, according to LSL’s latest buy-to-let index. And 56% of those that intend to increase costs said they will do so to cover the cost of inflation. Read more on 24dash.