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  • Property Yields

    Rent inflation slowing

    A run of eight consecutive months of falling rents in London came to an end last month, according to Countrywide.

    The UK's largest estate agency group reports that average rents in the capital ended July 2.1% higher than in the same month last year.

    Countrywide suggests that this rise is down to a shortage of available properties to rent.

    Across the whole of the UK, meanwhile, rental growth doubled from 1.1% to 2.2% between June and July.

    Nationwide price growth has been driven by the positive London figures as well as increased rental growth in the south of England.

    Full/source article - Landlord Today

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