Rent increases lower than inflation

A new HomeLet Rental Index reveals that rents are rising at a slower pace than general inflation.  This presents a dilemma for landlords facing the new tax increases being phased in by the Government as from last month. The HomeLet survey of 3,700 landlords found that 52% intended to raise rents with the remainder having no plans to do so.  These findings underline landlords’ determination to focus on affordability and achievable rents in the current market and to maintain a good relationship with their tenants.  96% of landlords reported being happy with their current tenants.

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