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3 rd June 2021 4:28 pm Average rents across the UK have increased by 4% over the past year to £997 a month, but London has seen a decline, according to the latest index from HomeLet. Rents in the capital dropped by 0.9% to £1,583, in the 12th consecutive month of year-on-year declines. Every region apart from London saw rents rise on an annual basis and when the capital is taken out of the equation, the average UK rent is up 6.4% to £854. The East of England saw the highest annual growth with rents up by 8.5% to £1,00. Looking at the month-on-month trends, Scotland saw the strongest gro...

The average rent in the UK is now £997, up by 4.0% on the same time last year and another record-high average price, according to HomeLet.

6 th May 2021 3:03 pm Average rents across the UK are edging closer to £1,000 a month following five consecutive monthly increases, according to HomeLet. April’s average of £996 was the highest on record and an increase of 2.9% year on year. However, rents in London fell for the 11th month in a row and were 5.3% lower than a year ago at £1,580. If London is excluded from the figures, average rents across the rest of the UK were 6.2% higher year on year at £853. The South West was the region that recorded the highest annual growth with rents up 8.6% to £955, followed by the East Midla...