{"id":3004,"date":"2017-07-06T07:08:20","date_gmt":"2017-07-06T06:08:20","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=3004"},"modified":"2023-09-29T22:03:46","modified_gmt":"2023-09-29T21:03:46","slug":"landlords-remain-reluctant-increase-rent-prices","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/07\/06\/landlords-remain-reluctant-increase-rent-prices\/","title":{"rendered":"Landlords remain reluctant to increase rent prices"},"content":{"rendered":"<p><strong>Rents in London have fallen by 2.6% last month when compared to June 2016, a new rental index has now revealed.<\/strong><\/p>\n<p>Rents throughout the capital have experienced a continuous drop over the last three months, with the average monthly rent now standing at \u00a31,524.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"GqjIbVu6sO\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/29\/london-falls-bottom-list-global-luxury-residential-rental-growth\/\">London falls to bottom of list for global luxury residential rental growth<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;London falls to bottom of list for global luxury residential rental growth&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/29\/london-falls-bottom-list-global-luxury-residential-rental-growth\/embed\/#?secret=0jfk57hS47#?secret=GqjIbVu6sO\" data-secret=\"GqjIbVu6sO\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>The latest rental index was published by HomeLet and said:<\/p>\n<blockquote><p>&#8220;While demand for private rental property remains high relative to supply, landlords continue to be conscious of affordability issues for tenants.&#8221;<\/p><\/blockquote>\n<p>UK rental prices have dropped by 0.3% nationwide compared to the same period last year. For the country, this was the second successive month in which rents dropped. The <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/07\/04\/rents-rise-across-england-wales\/\" target=\"\" rel=\"noopener\">average rent<\/a> agreed on new tenancies during June dropped to \u00a3908, down from \u00a3910 in June 2016.<\/p>\n<p>May saw the first decrease in rents since 2009 with the country\u2019s average dropping by 0.3%.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"jVy5Il3TFu\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/06\/rental-price-growth-slows-landlords-reluctant-push\/\">Rental price growth slows as landlords are reluctant to push them up<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Rental price growth slows as landlords are reluctant to push them up&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/06\/rental-price-growth-slows-landlords-reluctant-push\/embed\/#?secret=LEv0fqcVQF#?secret=jVy5Il3TFu\" data-secret=\"jVy5Il3TFu\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Martin Totty, HomeLet\u2019s chief executive office, said:<\/p>\n<blockquote><p>\u201cIt is now a full year since rental price inflation in the UK peaked at 4.7 per cent, since when we\u2019ve seen progressively more modest rent increases and, over the past two months, falls in some areas of the country; June\u2019s figures are the first indication that this trend may now be beginning to flatten out, but it\u2019s too early to say this with any certainty.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Rents in London have fallen by 2.6% last month when compared to June 2016, a new rental index has now revealed. Rents throughout the capital have experienced a continuous drop over the last three months, with the average monthly rent now standing at \u00a31,524. London falls to bottom of list for global luxury residential rental<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/07\/06\/landlords-remain-reluctant-increase-rent-prices\/\" title=\"ReadLandlords remain reluctant to increase rent prices\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,6],"tags":[71,60,91,10],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3004"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=3004"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3004\/revisions"}],"predecessor-version":[{"id":6096837,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3004\/revisions\/6096837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4269"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=3004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=3004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=3004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}