|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.42 - 14.68|
|52 Week Range||9.73 - 19.01|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||26.61|
|Forward Dividend & Yield||0.20 (1.35%)|
|Ex-Dividend Date||Sept 29, 2022|
|1y Target Est||15.40|
Landlords are asking for a record high rent of £1,172 per month, according to property portal Rightmove, as experts warn rents will keep on rising.
Property website Rightmove said tenant competition dropped by 6% between October and December compared with the same period in 2021, and was down by a third from September, when the gap between supply of home and demand from tenants reached the highest since records started in 2012. Demand last September was up by 20% from a year earlier while the supply of available properties to rent fell by 9%. Tim Bannister, director of property at Rightmove, said the pace of rent rises looked set to slow this year despite demand remaining strong.
Rightmove predicts average asking rents across Britain for newly available properties will rise a further 5% in 2023.