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Rents in UK rose by 2.1% for October compared to same month last year according to Homelet

The latest HomeLet Rental Index – October 2018 reveals that rents in the UK rose by 2.1% in October compared to the same month a year ago.

The report also reveals that the average monthly rent now stands at £928 a month. When London is excluded, the average UK rental value was £768 in October 2018, this is up 1.7% on last year.

The average rents in London (£1,619) were 110.8% higher than the rest of the UK according to Homelet.

Read the Homelet Rental Index report – October 2018 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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