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Buy-to-let purchasers benefit as demand for rented accommodation grows

The strength of the UK’s rental sector continues to grow as the average rent increased again.

UK Housing Market Property Investment

The strength of the UK’s rental sector continues to grow as the average rent increased again.

Over the last two quarters of 2014, buy-to-let property investments saw an increase in average rents of 4.2%, according to the latest research from Countrywide.


The increase in rent levels has been driven by an unusually high number of tenant applications in the second half of the year, with 7% more applicants signing up than in the first half of 2014. The report also found that, of the properties that changed ownership last year, 14% moved from property ownership into the rental sector.


Growing demand for rental properties has led to an increase in all areas of the rental market, with renewed rents at the end of 2014 also rising by 2.9% as landlords continue to experience excellent market conditions.


The report stated that the current market conditions favour landlords and property investors, with the fall in supply limiting the amount of house purchasing opportunities available in the UK housing market.

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