Tag: LSL Property Services

Home rental costs down in November

Home rental costs down in November

The cost of renting a house in England and Wales fell by 0.4 per cent in November, its first dip since March, according to a survey by LSL Property Services. Average rent was £741m during the month, returning to the level seen in September. However, it was 3.4 per higher than in November last year. […]

December 21, 2012 More
Average rent rises to £744 a month

Average rent rises to £744 a month

The cost of renting a home continued to increase in October but at a slower rate, with the average monthly rent in England and Wales reaching £744, according to LSL Property Services. This is 0.4 per cent higher than the average in September and 3.4 per cent higher than in October 2011. October was the […]

November 16, 2012 More
Average rent rises to all-time high

Average rent rises to all-time high

The average rent on a home in England and Wales increased to £741 a month in September, according to the latest buy-to-let index from LSL Property Services. This was 1.1 per cent higher than the average rent of £734 in August and represents a new record high. However the rate of increase has slowed, from […]

October 19, 2012 More
Rents rise to average of £718

Rents rise to average of £718

The average cost of rent increased to £718 in June, just below the record high of £720 in autumn last year. With mortgage lenders tightening their borrowing criteria and ongoing economic difficulties, demand for rented accommodation is outstripping supply, causing rents to soar. LSL Property Services’ monthly index recorded a 0.9 per cent increase in […]

July 20, 2012 More
Stamp duty rush causes rents to fall

Stamp duty rush causes rents to fall

Rents on private accommodation fell by 0.6 per cent last month, to an average of £707, according to the latest Buy-to-Let Index from LSL, a provider of residential property services. The agency suggests that the fall is likely to be temporary as it is related to an increase in the number of tenants deciding to […]

March 16, 2012 More
Cost of renting edges downwards

Cost of renting edges downwards

The average cost of renting a home in England and Wales fell to £711 in December, 0.8 per cent lower than November’s average, according to LSL Property Services’ latest Buy-to-Let Index. December was the second consecutive month in which rental costs have fallen, but over 2011 as a whole, they showed an increase of 4 […]

January 20, 2012 More
Rental costs fell in November

Rental costs fell in November

LSL Property Services, which includes Your Move and Reeds Rains, announced a 0.4 per cent drop in rent for a ‘typical’ property to £717 in November. Rents have been rising throughout the year, driven by increased demand from people unable to afford to buy a propert and November’s decline marked the first fall in rent […]

December 16, 2011 More
LSL: Rents reach record high in September

LSL: Rents reach record high in September

A survey by LSL Property Services has revealed rents in England and Wales continue to surge, with the average rent hitting a further record high last month. September represented the eighth consecutive month that the average rental cost rose. Lenders’ deposit requirements, together with unaffordable house prices, has meant the rental sector has been in […]

October 24, 2011 More
LSL: Rents reach record high in August

LSL: Rents reach record high in August

A survey by LSL Property Services has revealed rents in England and Wales continue to surge, with the average rent hitting a further record high last month. August represented the seventh consecutive month that the average rental cost rose. Lenders’ deposit requirements, together with unaffordable house prices has meant the rented sector has been in […]

September 16, 2011 More
LSL: Rents reach record high in July

LSL: Rents reach record high in July

A survey by LSL Property Services has revealed rents in England and Wales continue to surge, with the average rent hitting a record high last month. July represented the sixth consecutive month that the average rental cost rose. According to LSL, the average rent stands at £705 – an all-time high. However, rental costs vary […]

August 19, 2011 More
Average rent up 4.4% on year

Average rent up 4.4% on year

A report by letting agency network LSL Property Services has revealed tenant demand has risen in recent weeks after April’s long bank holiday weekends and warm weather led to a surge in would-be tenants looking for property. According to the agency, rents grew by 0.8% in April to £692 per month compared with the previous […]

May 20, 2011 More