Rent falls as supply rises

Over the past 12 months the average rent of buy-to-let properties has risen by 6, this is due to the increased number of flats in the UK now available to rent. Some areas have seen an increases of up to 100, according to a recent survey conducted by the property experts Knight Frank.

This rise in supply of flats has not only impacted rental prices it has also created larger void periods, with an increase from 3.3 weeks to 4.3 weeks in a year. Areas such as London, Manchester, Liverpool and Leeds are to be worst affected, as these are the areas where there are the most buy-to-let properties available.

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June 17^th 2009

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