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Average asking rents outside London have hit over £800 per month for first time according to Rightmove

Latest Rightmove Rental Price Tracker Q3 2018 report headlines ‘Drop in available rental properties pushes asking rents to record high’.

The report reveals that average asking rents outside London have hit over £800 per month for the first time, fuelled by fewer available rental properties for prospective tenants to choose from.

Rightmove states that in London, the number of available rental properties is down by 19.4%, with agents finding tenants four days quicker for landlords’ properties than a year ago.

Read the Rightmove Rental Price Tracker Q3 2018 report in full click here.

 

 

Allen Walkey

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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