Rents in London increased by 4.5% in April 2018 than in the same month of 2017 according to Homelet.
Latest Homelet Rental Index report – April 2018 data, released today reveals that average rents across the UK rose by 1.5% in April 2018 when compared to the same month a year previously; the average monthly rent is now £918. When London is excluded, the average UK rental value was £761 in April 2018, this is up 0.9% on last year.
Rents in London increased by 4.5% in April 2018 than in the same month of 2017; the average rent in the capital now stands at £1588 a month according to Homelet.
According to Homelet UK Regional Breakdown, Wales was the only region to see a reduction in new rents between April 2017 and April 2018, rents rose in 9 out of the 12 regions covered in the research.
Read the Homelet Rental Index report -April 2018 data in full click here.