Rents on Residential Property Increased by 4.3% in UK

The Residential Lettings Survey for July, from the Royal Institution of Chartered Surveyors, shows the cost of renting a home in the UK rose by 4.3% over the past 12 months. Prices are expected to rise by 2% over the next six months, and by 3.9% during the next 12 months, and it’s estimated that gross yields are now averaging 5.2%.

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