LANDLORDS STILL RAISING RENT...
Rent controls in some areas is leading landlords outside the zones to increase rent, says the Institute of Professional Auctioneers & Valuers.
‘Landlords within the rent pressure zones who did not raise rents to market level, generally because they want to hold onto good tenants, now find they are being punished,’ says IPAV boss Pat Davitt.
‘Those outside of the designated rent pressure zones are deciding they are not going to be caught by potential forthcoming controls and are increasing rents to market level.’