{"id":11029,"date":"2014-10-13T14:36:41","date_gmt":"2014-10-13T14:36:41","guid":{"rendered":"http:\/\/tat.reddaisytrading.co.uk\/index.php\/2014\/10\/13\/landlords-predict-slower-rent-rises\/"},"modified":"2014-10-13T14:36:41","modified_gmt":"2014-10-13T14:36:41","slug":"landlords-predict-slower-rent-rises","status":"publish","type":"post","link":"https:\/\/www.theasiantoday.com\/index.php\/2014\/10\/13\/landlords-predict-slower-rent-rises\/","title":{"rendered":"Landlords Predict Slower Rent Rises"},"content":{"rendered":"<div id=\"content\">\n<h3>Landlords Estimate That Rents Will Increase By 1.8% In The Next Year.<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"467\" vspace=\"10\" hspace=\"3\" height=\"184\" border=\"1\" align=\"middle\" alt=\"\" src=\"http:\/\/www.theasiantoday.com\/Image\/ArticleImages\/PropertySlowRentRises-467x184.jpg\"\/><\/p>\n<p>&#13;<\/p>\n<p>Landlords in the UK expect rent rises to slow over the next 12 months to below the target rate of inflation, according to a the latest survey from lettings agent network Your Move and Reeds Rains.<\/p>\n<p>&#13;<\/p>\n<p>On average, landlords estimate that rents will increase by 1.8% in the next year. This is lower than the Bank of England\u2019s 2% target for inflation, and would also represent a slowdown on the current pace of annual rent growth.<\/p>\n<p>&#13;<\/p>\n<p>The latest Buy to Let Index from Your Move and Reeds Rains reported that average residential rents across the UK are rising at an annual rate of 2.4%.<\/p>\n<p>&#13;<\/p>\n<p>The majority of landlords polled do not intend to raise their rents in the next year, however 43% expect to raise rents and of those 57% cite covering the cost of inflation as their main motivation. Paying for maintenance work is the second most significant reason, listed by 31% of landlords.\u00a0\u00a0<\/p>\n<p>&#13;<\/p>\n<p>Over the last six months, 41% of landlords report seeing a rise in tenant demand. This comes as lettings activity has been growing, with new tenancies agreed across England and Wales up by 6.9% compared to August 2013.<\/p>\n<p>&#13;<\/p>\n<p>Tenant demand has helped reduce average void periods in the private rented sector, ensuring greater stability of income for landlords. In the past year, 18% of landlords have already added to their portfolio of rental properties.<\/p>\n<p>&#13;<\/p>\n<p>This appears to be inspiring confidence among property investors with 21% of landlords believing that now is a good time to invest in buy to let. Of those who report it is currently a prime time to purchase a rental property, 55% cited tenant demand as a key motivation for investment. Attractive property prices are the second biggest driver, reported by 54% of landlords, while 45% pointed to better capital returns on offer compared to other forms of investment.<\/p>\n<p>&#13;\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Landlords Estimate That Rents Will Increase By 1.8% In The Next Year. &#13; Landlords in the UK expect rent rises to slow over the next 12 months to below the target rate of inflation, according to a the latest survey from lettings agent network Your Move and Reeds Rains. &#13; On average, landlords estimate that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-11029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property"],"_links":{"self":[{"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/posts\/11029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=11029"}],"version-history":[{"count":0,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/posts\/11029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/media\/11753"}],"wp:attachment":[{"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=11029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=11029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theasiantoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=11029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}