Rents 'should be looked at in perspective'

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Despite widespread reports of turmoil in the UK property market, including buy-to-let, investors should look at the figures in perspective.

That is according to Paul Weller, managing director of local letting specialist Leaders, who maintained that the various statistics which are being published do not give an accurate picture of the overall market.

He noted, for example, that while a slight fall in south-east rents is indicated by the latest quarterly report from Arla, the areas his company covers have actually experienced increases over the last three months.

Mr Weller commented: "In any given period of time, rents on some property types may be falling in some areas because of oversupply, whilst other property types may be in greater demand and show significant rent increases.

"These details are never reflected in average figures, which is why you need to speak to a local specialist who knows your market inside out."

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