According to the latest National and London Lettings Index, the rental market across the UK is outperforming London.
National rents have risen 10% annually, while London rents are up 6%, as the outer regions regain momentum and rebalance the market
Despite this, both national and London rents have fallen 1% on the month, which was expected as part of a seasonal trend.
New tenancies across the UK have risen 13%, outstripping London which is down 2%, and new tenant applications across the UK have risen 6% annually, while London applications remain flat.
Proving the market is going from strength to strength, Buy-to-Let mortgage applications also continue to soar, up 41% annually.
For free independent Buy to Let mortgage advice in Edinburgh and the Lothian’s contact Integrity IFA now or visist our website to use our free mortgage source and calculator.