Tenant demand in Cardiff and South Wales is rising substantially. For agents in the lettings market, the busy season is approaching. Analysis of tenancy start dates based on data from the past 5 years indicates the market starts to accelerate in June, with nearly one third of all tenancies starting Read more…
According to ONS average rental values across the UK rose by 1.4% in the year to December 2020. Rents in #Wales rose 1.5% However, Over the last 12 months, the average rent achieved for properties let in #Cardiff was £828 per month. This is a +11% change on the previous Read more…
According to ONS (Office of National Statistics) the average rental values across the UK rose by 1.4% in the year to November. Rental market analysis shows rental growth expectations remain slightly positive, with most parts of the UK expecting an increase. The estimate for Wales is an increase of 1.6% Read more…
Tenant demand has continued to increase The August sentiment survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in the lettings market. Tenant demand has continued to increase and short-term rental growth is expected. Tenant demand has continued to rise sharply following a large Read more…
A typical landlord selling a rental property in England & Wales last year made an on average gross gain of £79,770. Figures from the latest index by Hamptons International show that 85% of landlords made a gross gain when selling a rental property. However, 15% of landlords made a loss. Read more…