Mar
15 Average UK monthly rent reaches £658
Rents rose 0.3% in February, according to the latest Buy-to-Let Index from LSL Property Services plc, which owns the UK's largest lettings agent network.
The average rent reached £658 per month, which is 3.2% higher than a year ago, roughly in line with inflation. Yields on buy-to-let property rose to 4.8%.
The total return from investing in buy-to-let over the last twelve months reached 10.6%, the highest level since LSL Property Services plc began compiling figures two years ago. This is despite a slight drop in house prices in February.
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