Tag: Goodlord
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More Landlords Selling Up as Renters Face Record High Rents
The rental market is facing some big changes, and it’s good news for anyone who owns a buy-to-let property or is thinking about becoming a landlord. A new report by Goodlord & Vouch, who provide software to letting agents, has revealed some interesting facts about the private rented sector (PRS). The report, which surveyed over…
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Are Rent Prices Starting to Cool?
Rents are still high, but there are hints that the market might be cooling down. The latest Goodlord Rental Index shows that across England, the average rent hit £1,417 in September. That’s a slight dip from August’s £1,438, but it’s still a hefty 5.3% leap compared to September last year. Year-on-Year Slowdown Offers Glimmer of…
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Landlords Fear Rent Shake-Up Will Decimate Property Market
New research reveals over half of landlords are pessimistic about the future of buy-to-let, with many fearing government meddling will make things even worse. The stark warning comes from a major industry survey which found widespread gloom among landlords and letting agents. The ‘State of the Lettings Industry Report 2024’, published by Goodlord and Vouch,…
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Rent Price Growth Hits 7% in August
Rents are still soaring, but could this be the peak? It’s good news for landlords: rental prices have jumped by 7% in the last year, according to new data from Goodlord. That means the average rent across England is now a hefty £1,438 per month. But don’t get too excited just yet. While the annual…
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Rent Prices Soar to Record Highs in July
Rent prices have gone through the roof! According to the latest figures from Goodlord, the average rent across England has jumped 20% in July, hitting a record high of £1,470 per month. Where are the biggest increases? The North West and South West are seeing the biggest jumps, with rents soaring over 40% in these…
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Rent Rocket – English Rental Prices Soar by 6.7%
Rents in England continue to rise, with the average cost of a rental property now £1,225 per month. That’s a hefty 6.7% increase compared to this time last year, according to the latest Goodlord Rental Index. Summer Rental Surge June typically marks the beginning of the “high season” for the rental market. Why? Because students…
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Rent Costs Reach Seven-Month High
As summer approaches, rental prices are heating up across England. According to the latest rental index from Goodlord, rents have hit their highest levels since October, continuing a trend that could see prices soar even further in the coming months. In the past month alone, from April to May, rents increased by 1%, raising the…
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How the Upcoming General Election Could Affect the UK Property Market
Prime Minister Rishi Sunak has declared that a General Election will be held on Thursday, July 4th, 2024, with Parliament dissolving on May 30th. This announcement has sparked a flurry of predictions and expectations from housing experts and stakeholders about the possible effects this political milestone could have on the property market. Housing as a…
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UK Rent Prices Rise, Reveals New Data
A recent report by Goodlord’s Rental Index shows rent prices across the UK have seen a significant increase, with April figures showing a 5.7% rise compared to the same period last year. This rise in rental costs is affecting various regions differently, with the South West experiencing the sharpest increase. The average rent for a…
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Skyrocketing Tenant Fraud A Growing Concern for the Rental Market
The rental market is experiencing a significant upheaval as fraudulent tenancy applications see a dramatic increase, posing new challenges for landlords and agents alike. In a recent analysis by Goodlord, a tenant referencing firm, the figures are alarming, with a 140% surge in fraudulent applications detected between 2022 and 2023. This increase in deceitful behavior…