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TODAY'S OTHER NEWS

UK lettings market remains buoyant, latest figures show

The UK lettings market performed steadily in June, according to the latest Agency Express Property Activity Index.

The number of properties with Let boards increased by 7.4% compared to May, while the number of available properties with To Let boards increased by 7.8%.

Figures show that 10 of 12 regions recorded monthly growth in properties To Let, with eight of 12 showing growth in the number of properties Let.

The top regional performer for available rental properties last month was London with a rise of over 22%. This was followed by Central England (12.7%) and Wales (11.2%).

When it comes to properties which have been recently Let, the South West was the top performing region with monthly growth of 15.9%, followed by the North West (14.8%) and Yorkshire & Humberside (14.7%).

The largest declines for new listings and Let properties were recorded in the North East at -5.6% and -14.8% respectively.

"As we look back over historical data, we can see that June is typically a buoyant period for UK lettings market," says Stephen Watson, managing director of Agency Express.

"This month we have seen we have seen a good level of activity but year-on-year figures remain down."

You can see the data in full here.    

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