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BBC News - Rental costs fell in December, says LSL - January 2014

Aaron Strutt Image

The cost of renting a home in England and Wales fell by 1% in December compared with the previous month, a survey suggests.

The annual rise in the costs for tenants also slowed to 1.5%, according to LSL Property Services. Aaron Strutt, of mortgage brokers Trinity Financial, said mortgage lenders were also keen to attract more landlords as buy-to-let customers. "Many of the banks and building societies are planning to ramp up their buy-to-let lending this year and some of the rates are not that much higher than the residential deals," he said. A more comprehensive quarterly rental index from the Office for National Statistics will be published later in January. Click here to view the full story on the BBC website January 17, 2014 We are not responsible for the accuracy of the information contained within the linked sites accessible from this page.
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