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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.

 

Allen Walkey

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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