Average Rents in February 2018 rose compared to same month 2017 according to Homelet
Latest Homelet Rental Index report – February 2018 reveals average rents across the UK rose by 1.2% in February 2018 when compared to the same month a year previously.
The average monthly rent is now £906, when London is excluded, the average UK rental value was £758 in February 2018, this is up 2.3% on last year according to Homelet.
The report states: Rents in London increased by 1.1% in February 2018 than in the same month of 2017, the average rent in the capital now stands at £1537 a month.
HomeLet’s February Rental Index reveals that rents rose in 10 out of the 12 regions covered in the research.
Read the Homelet Rental Index report – February 2018 in full click here.