Thursday 25 August 2011

Rents rise for sixth consecutive month

Rents rose for the sixth consecutive month in July, increasing by 0.6% to £705 per calender month and marking a new record high.

It means that the average rent is now £29 higher per month than in July 2010. Nevertheless, the level of late of unpaid rents fell slightly from 9.3% to 9%, according to the latest Buy-to-Let Index from LSL Property Services.

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