The average landlord rent charge in the UK rose by £1 in November, it has been reported.

According to the November Rental Index, the typical rent being charged during the month to those who have signed tenancy agreements was £831. suggests that landlord rent levels are now only 2.5 per cent lower than they were one year ago - in October the margin was 3.8 per cent.

A further finding from the research was that properties were typically let within 55 days, which is the fastest recorded time this year.

Director of the property website Michael O'Flynn said that there are "clear signs of a recovery"in the lettings market.

"Following seven consecutive months of stable or rising rents, landlords are unquestionably back in the driving seat while tenants need to act fast to sign a new lease if they want to enjoy better value for money before rents return to last year's rates."

Earlier this month, the Council of Mortgage Lenders revealed further positive news for private landlords in the UK. It indicated that the buy-to-let mortgage market grew for the first time in two years during the third quarter of 2009.

Written by Sarah Field

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