Rental price inflation slows in October according to Homelet

The latest Homelet Rental Index report – October 2017 reveals average rents across the UK rose by 0.9% in October compared to the same month a year ago.

According to Homelet in October 2017, average rental values in London (£1,556) were 71.2% higher than the rest of the UK (£909).

Homelet data revealed that on an annualised basis, rents rose in 11 out of the 12 regions of the UK covered by the research; however, the average rents secured in October were lower than in September in every region, contributing to a significant slowing in the annual rate of inflation.

Read the Homelet Rental Index report – October 2017 in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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