Average UK monthly rent for July 2018 is now £937 according to Homelet

Written by Allen Walkey on - Breaking News -

Latest Homelet Rental Index report – July 2018 data reveals reveals that average rents across the UK rose by 1.3% in July 2018 when compared to the same month a year previously; the average monthly rent is now £937.

Rents in London increased by 3.3% in July 2018 than in the same month of 2017; the average rent in the capital now stands at £1,615 a month according to Homelet.

HomeLet’s July Rental Index reveals that rents rose in 8 out of the 12 regions covered in the research.

Read the Homelet Rental Index report – July 2018 data in full click here.

Author: 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.


Recent Popular Articles

TPO creates new Deputy Ombudsman role and complaint teams

The Property Ombudsman (TPO) has created a Deputy Ombudsman role and reorganised the way it reviews complaints to ensure agents and consumers receive an improved

Shelter reveals how hard-pressed private renters need to borrow to pay their rent.

In a latest survey conducted by Shelter, they reveal that 1 in 3 renters on low incomes, which adds up to almost half a million

An increase in numbers of rental properties in London being used for short-term holiday lets (Airbnb)

An increasing number of rental properties in London are being used for short-term holiday lets using websites such as Airbnb and are no longer available

Is PurpleBricks valued too high?

PurpleBricks a new generation "online estate Agent" made headlines in December last year when they started trading on the London AIM (Alternative Investment Market) at

Second series of ‘Nightmare Tenants, Slum Landlords’ with Landlord Action

On Wednesday 9th March 2016 at 9pm, Channel 5 will launch the second series of ‘Nightmare Tenants, Slum Landlords’, a ten-part series which delves into