UK rent increases remain subdued

Small rent increases in private rented sector
Rental growth subdued in UK

Recently published figures from the Office for National Statistics (ONS) show that rents paid by tenants in the UK private rented sector increased by 1.1% in the year to February 2018. The figure remains unchanged from January.

In England rents were up by 1.1%, in Scotland by 0.4% and in Wales by 1.4%. In the capital increases were minimal at just 0.1%.

The tiny growth in London was the lowest annual rise since September 2010.

 

Full story available from PropertyWire: https://www.propertywire.com/news/uk/rental-growth-subdued-uk-just-1-1-year-year/

 

ShowHouse from RentPro provides a comprehensive one-stop solution for property managers, letting and estate agents, managing sales and letting properties.

You may also like...