Powered By

The average UK monthly rent is now £924 according to Homelet

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.

 

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.

You May Also Enjoy