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Your Move Property Blog

Thoughts, Opinions & Analysis of the UK Property Market

September 2014 Buy to Let Index

October 20, 2014 16:43 by Your Move Press Office



  •  New all-time record high of £768 per month for average residential rents across England & Wales
  • Comes despite slower rent rises of just 1.5% in year to September, down from 2.4% in year to August
  •  Tenant finances improve with only 7.2% of all rent in arrears, falling from 8.5% in September last year
  • House price rises take landlords’ gross returns to record 13.4% before mortgage or maintenance costs


Rents have edged to a new all-time record, at a slowing annual rate of just 1.5%, according to the latest Buy-to-Let Index from the UK’s largest lettings agent networks, Your Move and Reeds Rains. Residential rents across England and Wales now average £768 per month, or £10 higher than in September 2013. On a monthly basis September’s average rents are 0.8% higher than in August, representing a rise of £7 in absolute terms since the previous month. Annual growth has slowed dramatically since August, when rents were 2.4% higher than a year before – rising just 1.5% over the twelve months ending September 2014.


David Newnes, Director of Estate Agents Your Move, comments: “Historically rent rises have broadly tracked inflation.  And as the wider cost of living grows ever more slowly, so too has the cost of renting a home.
“That said, autumn is always a busy period for the lettings industry, and this has been no exception.  Looking ahead, it is likely that rents in most parts of the UK will have now reached their seasonal peak – so as the market cools along with the autumn weather there may be opportunities for some tenants to pick up a favourable deal."    

Read the full Index






Scottish House Price Index - October 2014

October 15, 2014 08:40 by YOUR MOVE

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August 2014 Scottish House Price Index

October 14, 2014 12:26 by Your Move Press Office

House Prices fall for the first time in a year

· Average Scottish house price drops 0.2% in August, as over half the country sees price falls
· But strongest August in 7 years for house sales, despite monthly dip ahead of referendum
· New peak prices reached in East Lothian and Aberdeen City, while values drop in Edinburgh

Commentary on the Scottish Index
Gordon Fowlis, Regional Managing Director of Your Move, comments: “The powerful spell of growth cast over the Scottish property market was broken in August, as house prices fell for first time in a year. At a time when property values across the rest of the UK were continuing to grow, Scotland moved against the grain and average house prices dropped across more than half the country – including Edinburgh, Aberdeenshire, South Lanarkshire, East Dunbartonshire and Fife.

“It’s been an unpredictable and momentous few months in Scotland’s history. In August, uncertainty was still rife over the outcome of the independence referendum, and this hindered the pace of activity in the housing market. Sales in August were 8% below the typical seasonal trend, as sellers shirked the market and buyers postponed purchase decisions until the dust settled. This trend appears more acute at the top tiers of the market, where there were bigger investments at stake, and there was an 11% drop in the number of homes sold across Scotland for over £1 million between July and August. But this didn’t poison the longer-term health of the market, and this was the strongest August for house sales since 2007.”

Read the full index

Your Move Competition Winners

October 14, 2014 10:44 by Your Move Press Office

First Time Buyer Online Survey Winners:

Your Move are delight to announce that the winners of our First Time Buyer Survey Competition between December 2013 and July 2014.

The following people were selected at random and received M&S vouchers:

Mr Miguel Casanova
Ms Cheryl Estoy
Mr Simon Ore

Landlord Sentiment Survey

Your Move is also pleased to announce the winner of our Landlord Survey in December 2013 was Mr Robert Doubtfire, who also received M&S vouchers.

Guess the Price of the Property

Your Move is delighted to announce that the winners of our ‘Guess the Price of the Property’ competition from our newsletter were:

 Mrs K North who won a bottle of champagne, and Mrs V Wilson who received vouchers.

We have also contacted the winner for the First Time Buyer Survey in July and Guess the Price of the Property for June.

House Price Infographic - September 2014

October 10, 2014 09:07 by YOUR MOVE
House Price Index Infographic September 2014 from Your Move

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YOUR MOVE is a multi-award winning estate and letting agent with branches across England and Scotland


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