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.

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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