A survey by LSL Property Services plc suggests that average rent in the UK rose by 1% in June, and have risen for 5 successive months, meaning they are now 3.2% higher than last a year ago. The average rent is now £673 per month, the highest level since November 2008.
The survey also suggests that as rents have risen, and house prices dropped off in June, that yields on buy-to-let properties have increased by up to 4.9%. The survey is also predicting that the house price decreases over recent years have meant that a landlord investing today can expect to make an annual return of 3.4% over the next twelve months.
Do you agree with the research or are your experiences somewhat different? Are you finding the market hard work or have you enjoyed recent success? We look forward to your thoughts.

July 28th, 2010
AndrewBrown
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