Moderate rise in rents expected in 2012
January 19th, 2012Landlords should expect to see rents rise moderately in 2012, according to predictions from Belvoir Lettings.
Managing director Dorian Gonsalves predicted that there will be large fluctuations in income across regions, with the south-east expected to benefit from high prices in London pushing people out of the capital into the home counties.
Elsewhere, he predicted “relatively stable rents”, with increases that were “very modest”, perhaps leading landlords to reduce their outgoings in other fields, such as their landlords insurance.
“I predict that increased rents and stable or decreasing house prices will result in increased rental yields in 2012. However,
Tags: 2012