The average UK monthly rent is now £924 according to Homelet
July 20, 2018
The latest Homelet Rental Index report – June 2018 reveals that average rents across the UK rose by 1.8% in June 2018 when compared to the same month a year previously, the average monthly rent is now £924.
Rents in London increased by 4.7% in June 2018 than in the same month of 2017, the average rent in the capital now stands at £1596 a month according to Homelet. When London is excluded, the average UK rental value was £767 in June 2018, this is 1.3% on last year.
The report states that HomeLet’s June Rental Index reveals that rents rose in 10 out of the 12 regions covered in the research.
Read the Homelet Rental Index report – June 2018 in full click here.
You May Also Enjoy
Will the ‘Our Future Homes’ report address the needs of an ageing population?
Will the ‘Our Future Homes’ report address the needs of an ageing population? By Kevin Shaw at Leaders The government recently published an independent report, ‘Our Future Homes’, which considers our ageing population and looks at how housebuilders can meet the wants and needs of older people. It is widely acknowledged that not enough new homes…
Read More 
Zoopla: Over a quarter of parents ‘lie or break rules’ to get children into their preferred school
Admission Impossible: Over a quarter of parents admit to ‘lying or bending’ rules to get their children into preferred schools Over a quarter (27 per cent) of UK parents admit to flouting the rules to get their children into schools, rising to 38 per cent in London The number who admit lying is on the…
Read More 
Government planning reforms to protect nature
News that the Government has warned that the planning system must protect nature, as it unveils reforms Partner Alison Ogley, Freeths commented: “This is a potential game changer addressing the current inertia in the system, providing a solution that is more effective than individual developers trying to address environmental improvements on a project by project…
Read More 
Surge in demand for investment sector as interest rates drop
The latest insights from the UK’s number one commercial property website Rightmove reveals that there has been a surge in demand to invest in commercial property compared with the same period a year ago, as interest rates drop following the second Bank Rate cut. The trend marks a continued recovery for the investment sector as…
Read More 
7 Ways Self Storage Supports Business Growth in 2025
As businesses face increasing challenges in managing costs, scaling operations, and adapting to changing markets, self storage has emerged as an indispensable tool for success. Whether you’re a small startup or an established multinational company, self storage offers a practical, affordable, and secure way to handle the demands of modern business. As businesses grow, they…
Read More 
How much would Bridget Jones’ iconic London apartment cost today?
How much would Bridget Jones’ iconic London apartment cost today? A new study has revealed that the average price to purchaseBridget Jones’ iconic London apartment in the Borough Market area is now £415,090. The study calculated that this is a price increase of 182% since the first film premiered in 2001. The research obtained data…
Read More