UK rent increases remain subdued
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/