The incomes of landlords in the UK has increased significantly in recent years

Rents in England and Wales reached a new record of £770 per month, up 1.5% over the past 12 months. According to the latest reports provided by firms Your Move and Reeds Rains, the debt of tenants rent reduced despite a record rent growth in October 2014. Rents in October 2014 rose by 0, 3% and ready to conquer new heights amid growing demand from tenants.

Rising rents for residential property noted in all ten regions of the UK, but the biggest growth, of course in the East of England where rental prices have risen over the last 12 months by 4.9%, followed by East Midlands, where prices for rental housing rose by 3.5% and further North West, where prices rose by 3.1%. In London the growth in rental prices compared to October 2013 amounted to a slight 0.5 percent.

In the post-crisis years of economic stagnation, the price of rent has not increased for several years, and now there is a reduction in the unemployment rate, which caused increased demand for rented accommodation. However, improvements in the economy have not led to a significant increase in wages, the growth of income in the UK is still well behind the inflation rate, so if in 2015 and continue the growth of prices for rental housing, it will be very small.

Traditionally the most popular housing with the best accessibility.

Annual income homeowners who rent their property, has increased significantly over the past 12 months, which suggests that the investment “Buy-to-let” in the UK is becoming more interesting. The average dohah the Landlord taking into account periods of non-use, to paying mortgage interest and maintenance costs, was 13.3 % , significantly higher than a year ago, when the average income was at the level of 8.2 %.

In absolute terms, this means that every landlord to the payment of the said expenses earned in the year £22434 pound, and does the sum of the two figures – £8404 is rental income and £14030 – average capital growth rate over the last 12 months.

® Maxim Savitsky G. 19.11.2014

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