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
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