Average annual rental growth slows in UK according to Homelet
April 20, 2017
Data from the latest Homelet Rental Index March 2017 reveals average rents in the UK continue to see a slower rate of rental growth compared to last year.
The report highlights that for March 2017 the average UK rental value was £904pcm – this is 1.1% higher than the same period last year (£894pcm).
In the report they also state: Since July 2016, rents in Greater London have seen a slower pace of annual growth compared to last year, the average rental value in Greater London is £1,546pcm – this is 1.2% higher than the same period last year.
In March 2016, the annual growth rate for average rental values in Greater London was 6.8%.
Read the Homelet Rental Index March 2017 report in full including data click here.
You May Also Enjoy
Smart Upgrades: Boosting Rental Property Value Without Breaking the Bank
Most landlords don’t have a vault of gold stashed away for renovations. If you do, good for you (and maybe hide it better?). But for the rest of us, improving a rental property usually means walking a tightrope between cost and ROI. So what can you actually do that won’t drain your savings, and still…
Read More 
Creating the Perfect Rental: Balancing Aesthetics, Functionality, and ROI
Let’s get this out of the way: “perfect” is doing a lot of heavy lifting in that title. Because, really, no rental is perfect. Not for everyone. Not forever. But if you’re aiming to create a rental that looks good, works well, and pays you back in more than just stress headaches? You’re in the…
Read More 
The Landlord’s Guide to Hassle-Free Maintenance and Long-Term Tenant Satisfaction
Do you own rental property? If yes, you already know that you are being put on a test: keeping things running smoothly while somehow managing not to lose your mind (or your best tenants). Maintenance. It’s not fun. But neglect it, and your rental becomes a revolving door of disappointed tenants and mounting repair bills.…
Read More 
Inheritance Tax Receipts raise £0.8 billion in one month
Inheritance tax receipts hit £0.8 billion in April 2025 according to data released by HM Revenue and Customs (HMRC) this morning. This is £97 million higher than in April of the previous tax year, and continues an upward trend over the last two decades. With such a strong start to the new tax year, predictions that Inheritance tax…
Read More 
Zoopla research reveals homeownership outranks marriage as top priority for UK adults
A new survey from Zoopla reveals that 48 per cent of UK renters in a relationship are prioritising saving for a home over a wedding, with this figure rising to 59 per cent amongst Gen Z The financial pressures of saving for a home have resulted in a fifth considering postponing marriage in favour of…
Read More 
London rental market rebalances amid rising supply
Foxtons data shows There was a 5% increase in market supply in April, and a 9%, increase in market supply of new instructions year to date The average rent in April 2025 increased by 3% to stand at £589 per week April saw a 3% month-on-month reduction in applicant registrations, which goes against the trend…
Read More