HomeLet Rental Index September
October 14, 2016
The most recently released HomeLet Rental Index (September) states that 2016 to date has seen a slower rate of rental growth, compared to the same period last year.
The increase in average rental value is 3 per cent higher than the same period last year, standing at £910pcm compared previously to £884pcm.
In comparison to the same period last year average rental values have continued to rise in ten out of twelve regions in the UK, in September 2016 average rental values in London (£1,555) were 70.9% higher than the UK (£910).
To read the HomeLet Rental Index September in full click here
You May Also Enjoy
Breaking Property News 13/2/26
Daily bite-sized proptech and property news in partnership with Proptech-X. 96% of proptechs fail to get to series A funding – here is why Thought Leadership by Andrew Stanton, CEO Proptech-PR The proptech sector has never been short of ideas. From AI-driven valuations and digital conveyancing to smart buildings and tokenised real estate, innovation in property…
Read More 
Landlords unprepared for the Renters’ Rights Act
Three quarters have made no preparations for the end of Section 21, despite major reforms taking effect from May 2026 New research from Inventory Base has revealed widespread lack of preparedness among UK landlords ahead of the first phase of reforms under the Renters’ Rights Act (RRA), due to come into force on 1 May…
Read More 
Why capital is staying in London despite a cooling housing market
By Joe Freedman, Head of Origination at ASK Partners London isn’t suffering from a lack of housing demand. It’s suffering from a failure to deliver. New data from Molior underlines the scale of that failure. Just 5,547 private homes broke ground across the capital last year, an 84% drop from a decade ago. Against an…
Read More 
The hidden risk of overvaluing your home when moving in today’s market
With many homeowners turning ambitious conversations into tangible moving plans, the start of the year traditionally marks a surge in activity, particularly for families planning for the future. While the property market remains fundamentally healthy, experts at Beresfords say overvaluing property is one issue that continues to undermine the progress of those looking to sell.…
Read More 
Rightmove launches next phase of AI-powered property search
Rightmove, the UK’s largest property platform, has launched a beta version of AI-powered conversational property search, as it continues to enhance its property search experience. In close collaboration with Google Cloud and built with Google’s Gemini models, conversational search is available via the property search bar on Rightmove’s website homepage. The latest move further expands…
Read More 
Should you break things off with your mortgage lender this Valentine’s Day?
As Valentine’s Day approaches, the latest research from award-winning mortgage adviser, Alexander Hall, has revealed that more than half of homeowners approaching the end of a fixed-rate mortgage are currently undecided on their relationship with their lender, despite notable improvements across the mortgage market over the last 12 months. The consumer insight, commissioned by Alexander…
Read More