Accidental landlords add 80,000 rented homes to the market

One in 12 homes that came onto the rental market in 2017 was previously for sale London is the accidental landlord capital of the country Rents rose 1.2% over the last year, seven times faster in the Midlands than in London   A slower sales market in the South of England has revived the accidental … Read moreAccidental landlords add 80,000 rented homes to the market

Cash landlords spend a record £21 billion

A record 65% of landlord purchases over the last 12 months were made by cash buyers 78% of investors in the North East paid in cash compared to just 42% in London In October rents grew by 0.5% year-on-year, driven by rises in the Midlands and Wales   The rising number of landlords buying in … Read moreCash landlords spend a record £21 billion

London tenants fuel rental growth across Southern England

A record 65,000 tenants left London over the last 12 months with 78% continuing to rent The average tenant leaving the capital moves 89 miles with growing numbers going to Midlands and Northern England Average rents rise 1.1% over 12 months driven by growth in the south of the country   Over the last 12 … Read moreLondon tenants fuel rental growth across Southern England

Rate of Rental Growth Doubles

Countrywide’s Monthly Letting Index shows how the run of eight consecutive months of falling rents in London ended abruptly in July.  Rents in London ended the month 2.1% up on last year, as the number of properties available to rent in the capital fell sharply.  Across Great Britain the rate of rental growth doubled from … Read moreRate of Rental Growth Doubles

Countrywide call for transparency and stability for landlords and tenants

Help to BuyAs we are all aware when housing is in short supply, the private rental sector is extremely important. Countrywide’s Tonic for Tomorrow paper has called for measures to protect the private rental sector and make improvements to benefit both landlords and tenants. 

Read moreCountrywide call for transparency and stability for landlords and tenants