Monday, 23 February 2015

Landlords Greeted New Year with a Rent Hike for Tenants

Just over a quarter of private landlords gave their tenants rather less reason to welcome the new year – by hitting them with a hike in rents. The Association of Residential Letting Agents (ARLA) has published the first of its new monthly Private Rented Sector Reports, which track key market trends within the private rented sector. The January report, which is based on a survey of ARLA members, revealed that on average 27% of the organisation’s licensed branches saw an increase in the cost of monthly rent for tenants from December 2014 to January 2015. Read more on the Housing Excellence website.

No comments: