Rents are rising faster for three bedroom homes than for any other property type.
They show a rise of 4.6 per cent in the year to August compared to an average rise of 3.3 per cent for all homes.
A new index from Landbay shows that the highest rent rises for three bed homes are mostly within commuting distance of London, such as Windsor and Maidenhead (up a remarkable 22 per cent for three bed properties), Southend on Sea (up 20 per cent) and Swindon (up 13 per cent).
But some parts of Britain have seen falling average rents.
Cheshire is down 6.9 per cent over the past year, Aberdeen City is down 5.7 per cent and Buckinghamshire is 3.5 per cent down.
The figures are the first to come from the new rental index produced for Landbay, a buy to let mortgage lender.
Average rents across the UK continue to rise ahead of the...
The average rent in the UK increased by 0.13% last month...
A slow rental market in London is weighing down on growth...
A new lettings sector index to be launched later this month...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses...
We’re absolutely delighted to announce that, after 10 years, we’re able...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Jump to latest comment and add your reply
No surprises here, as more families are renting than ever before and require a larger living accommodation. The private rental sector has become much more varied in recent years as a consequence of rising property prices.
where there is a demand there is a rise!! 70% of our applicants are looking for 3 bed flat...
Please login to comment