Slower rate of rental growth for average UK rents compared to last year says Homelet
February 3, 2017
Data from the latest Homelet Rental Index January 2017 reveals that average rents in the UK continue to see a slower rate of rental growth compared to last year.
The average UK rental value was £888pcm, compared to the same period last year that is an increase of 0.7% (£882pcm). In January UK household rent to income ratio was 28.4%.
In the report they also state: In January 2017 average rental values in London (£1,497) were 68.5% higher than the UK (£888) and that the gap between London and the rest of the UK was comparable to January 2016 (69%) and higher than January 2015 (66.3%).
Read the Homelet Rental Index January 2017 report in full including data click here
You May Also Enjoy
5 trends driving London’s landscaped gardens
London gardens can add more than £205,000 in value as Chelsea tops table for prime buyers seeking outdoor space Ahead of this year’s Chelsea Flower Show, research by Enness Global has revealed that a garden can add more than £205,000 to the value of a London home, whilst Chelsea fittingly boasts the highest degree of…
Read More 
Six in 10 tenants say Renters’ Rights Act improves their housing protections and conditions
Awareness of the Renter’s Rights Act 2025 has increased amongst tenants from 19 per cent in October after the bill passed, to 60 per cent when it came into effect 19 per cent of renters are now more likely to remain in their current property but 45 per cent are concerned about the legislation’s long-term…
Read More 
West Oxfordshire tops list of first-time hotspots defying national trend
New analysis by the UK’s largest property platform Rightmove reveals the first-time buyer hotspots where buyer demand is increasing, bucking the national trend over the last month West Oxfordshire leads the way, with demand for typical first-time buyer properties up by 45% year-on-year: A 37% increase in available first-time buyer type homes for sale and…
Read More 
ONS Private Rent and House Prices Index- May 2026
The latest ONS house price figures show that the sales market that is broadly flat. Average UK house prices were unchanged year-on-year at £268,000 in March 2026, with annual house price inflation slowing from 1.7% in February to 0.0% in March. Main points Average UK monthly private rents increased by 3.5%, to £1,381, in the…
Read More 
Cyprus in demand as international property inquiries spike
Interest in Cyprus has more than tripled since the start of March, while sales to non-EU buyers have spiked by more than a fifth Cyprus is the best option for residency by investment in a major EU Mediterranean country, after Spain closed its Golden Visa in April 2025 and Portugal closed the property route in…
Read More 
Inflation falls to 2.8%
Industry response to the latest inflation figures and their impact on the housing market. Nathan Emerson, CEO of Propertymark “It is very welcome news to see inflation dip this month; however, today’s figures still sit some distance away from the Bank of England’s target rate of 2%. It remains important to consider continued overall…
Read More