Thursday 12 October 2017

UK Rents Fall Amid Property Glut In South-East England

Rents in Britain dropped in the final summer months for the first time in at least five years, according to Rightmove. National asking rents outside London fell by 0.2% in the three months to September, which is one of the busiest times of year for tenants looking for a new home. It was the first fall at this time of year since Rightmove started tracking rents in late 2011. The decline comes as landlords flood the south-east of England with newly available rental properties, distorting the national picture, as they turn away from a stuttering London property market. Read more on the Guardian website.

No comments: