Rents down as buy-to-let floods market
Series: RICS Press Release ; (pr063) 30 May 2002 (2)Publication details: 2002Subject(s): Summary: RICS in its latest survey of the UK lettings market says that buy-to-let properties flooding on to the lettings market have pushed rents down for the first time in over two years. Rental levels have continued to fall since their peak in October 2000 which combined with the current rise in property prices, have pushed down gross yields for landlords for the sixth consecutive quarter. RICS News Release available at http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=746| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3820-15 (Browse shelf(Opens below)) | 1 | Available | 118248-1001 |
RICS in its latest survey of the UK lettings market says that buy-to-let properties flooding on to the lettings market have pushed rents down for the first time in over two years. Rental levels have continued to fall since their peak in October 2000 which combined with the current rise in property prices, have pushed down gross yields for landlords for the sixth consecutive quarter. RICS News Release available at http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=746