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.
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