Northern Ireland rents increase: highest in UK
Posted: 22/12/2020
According to the Office of National Statistics, rents are now at their highest recorded level, and Northern Ireland has seen the biggest increase. In the last 12 months, UK rents have risen on average by around 1.4%, but NI has seen a 2.7% increase. Some industry experts are predicting a possible decrease or freeze next year due to Covid and Brexit impacting the economy. If you are interested in buying, selling, letting out or management of a Buy-To-Let, call or email us for a chat. It's free and there is no obligation.