York­shire sees high­est in­creases

Yorkshire Post - Property - - PROPERTY NEWS -

RENTS: Ask­ing rents rose an av­er­age of three per cent an­nu­ally out­side Lon­don in

2016 with the high­est growth recorded in York­shire at 4.5 per cent and the North West up 4.4 per cent, say Right­move. Lon­don rents fell by 4.4 per cent. Right­move pre­dict that av­er­age rents will rise by four per cent this year, while in the cap­i­tal they will stay flat. Head of Let­tings Sam Mitchell says: “This year will be one of cau­tion for buy-to­let in­vestors. If the tax changes be­ing phased in from this April lead to even fewer buy-to-let pur­chases and some land­lords de­cid­ing to sell, then a tight­en­ing of sup­ply in some ar­eas will lead to in­creas­ing rents.”

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