September see’s ease in rent prices

The latest figures from the HomeLet Rental Index show that twice as many regions in the UK saw rental price falls than those recording an increase in rental prices in September,  taking the average monthly price to £728.

While the annual data still points to a rental market averaging largely positive growth, Martin Totty, chief executive officer of the Barbon Insurance Group of which HomeLet is a part believes that’with this month’s data being the second consecutive month of slower rental price growth, and house prices indices indicating a slowing of house price growth, this could suggest movement to a period of more settled rental prices.

Read the full story on Property Wire

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