London rental market prices fall over last year according to Your Move
Latest Your Move England and Wales Rental Tracker report – June 2018 data – July report headlines ‘London rental market continues to cool.’
The London rental market has continued to cool, with prices falling by 0.5% in the last 12 months, according to the Your Move Rental Tracker.
The report reveals that across all regions, the average seasonally adjusted monthly rent now stands at £861. On a non-seasonally adjusted basis, the average property lets for £830 per month.
Martyn Alderton, National lettings Director at Your Move, comments:
“While the property market in London has cooled, the strong performance in other areas means landlords across England and Wales are enjoying good returns.
“Northern regions offer the highest percentage returns.
“The South West of England is home to the fastest rising rents as tenant demand continues.” more…..
Read the latest Your Move E&W Rental Tracker report July 2018 in full click here.