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
Breaking Property News 21/11/25
Daily bite-sized proptech and property news in partnership with Proptech-X. VE+ the new procurement engine cutting developers costs without compromise Finishes packages are specification sensitive and expensive components of any build – VE+ fixes this As construction costs continue to climb and procurement timelines tighten, developers and contractors are being pushed harder than ever…
Read More 
Inheritance Tax Receipts raise £5.2 billion in seven months
Inheritance tax (IHT) receipts hit £5.2 billion in the first seven months of the 2025/26 tax year, according to data released by HM Revenue and Customs (HMRC) this morning. This is £0.2 billion higher than same period of the previous tax year and continues an upward trend over the last two decades. Nicholas Hyett, Investment…
Read More
FMB calls on Reeves to scrap housing tax threat
The Chancellor needs to scrap the Government’s proposed landfill tax quarry exemption which will add up to £28,000 to the cost of homes on small sites in next week’s Autumn Budget, says the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB, said: “At a time when the Government is failing to…
Read More 
Full Steam Ahead! UK Construction to return to growth in 2026
Construction intelligence specialists predict renewed activity following false-start over the summer. Revised figures will see UK construction sector grow 21% over the next two years Private housebuilding remains on course to grow significantly, with activity still predicted to rise by almost a fifth in 2027 Commercial office starts set to continue their ascent, and increasing…
Read More 
Winter is Coming: Douglas & Gordon Warns Landlords and Tenants to Take Action Before Disputes Occur
Mould, damp, burst pipes and boilers on the blink? With temperatures set to plummet in London this week, real-estate agent Douglas & Gordon is advising landlords and tenants to take action before issues occur. With 45% of landlords experiencing arrears or disputes, often linked to property condition or delayed maintenance* the agent’s expert lettings team…
Read More 
Home sellers slashing asking prices amid Budget speculation
The latest research from Property DriveBuy reveals that homesellers are slashing asking prices across the country in an attempt to attract buyers in a stagnant pre-Budget housing market. The latest asking price data* shows that the average asking price in Britain (£364,833) fell by -1.8% between October and November 2025, contributing to an overall annual…
Read More