Average UK rents rose by 1.8% compared to same month a year previous according to Homelet
July 11, 2018
The latest Homelet Rental Index Report – June 2018 reveals that average rents across the UK rose by 1.8% in June 2018 when compared to the same month a year previously.
The average UK monthly rent now stands at £924 for June 2018, when London is excluded, the average UK rental value was £767 in June 2018, according to Homelet.
The Homelet Rental Index Report states: Rents in London increased by 4.7% in June 2018 than in the same month of 2017; the average rent in the capital now stands at £1596 a month.
Read the Homelet Rental Index report – June 2018 in full click here.
You May Also Enjoy
5 Top Tips for Running a Business From Home
Have you ever wanted to start and run your own business from home? Although it’s an incredibly rewarding experience, it can be tough to set up and know where to start, especially if you have no business experience or background! Whether you want to run a small business, or have grand ambitions for eventual expansion,…
Read More The Importance of Time Management for Real Estate Investors
Time is one of the most valuable assets for real estate investors, especially when juggling multiple projects, clients, and market trends. Without a strong grip on time management, getting bogged down in tasks that don’t drive growth is easy. You see, every minute spent on admin tasks or low-value activities is a minute that could…
Read More Transforming Your Condo into a Next-Gen Smart Home Experience
Gone are the days when we must get up to press a button on the TV to adjust the volume, use actual keys to unlock doorknobs, or turn a knob to control the air conditioning unit's thermostat. These days, all we have to do is sit pretty on our couches, let technology do its work,…
Read More Nationwide House Price Index for October
Annual house price growth slows in October UK house prices rose 0.1% month on month in October Annual growth rate slowed to 2.4%, from 3.2% in September Headlines Oct-24 Sep-24 Monthly Index* 529.6 529.0 Monthly Change* 0.1% 0.6% Annual Change 2.4% 3.2% Average Price (not seasonally adjusted) £265,738 £266,094 * Seasonally adjusted figure (note that…
Read More Rightmove’s weekly mortgage tracker – 31/10/24
The average 5-year fixed mortgage rate is now 4.64%, down from 5.36% a year ago The average 2-year fixed mortgage rate is now 4.91%, down from 5.81% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.66%, down from 5.44% a year ago The average 60% LTV 5-year fixed mortgage…
Read More Breaking Property News 31/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Labour’s first Budget – A missed opportunity for meaningful change A property industry insider view of the Autumn budget Rachal Reeves the new Chancellor of the exchequer unveiled a £40 billion taxation budget in her autumn statement. Reeves says it is a moment of ‘fundamental choice’…
Read More