UK rents increase in July according to Homelet

The latest Homelet Rental Index July 2017 reveals that rents in the UK rose by 1.1% for the month.

Rental price inflation has returned in the UK according to Homelet, rising by 1.1% in July compared to the same month a year ago, the first increases seen for three months; the average monthly rent now stands at £925.

London saw rents fall by 0.6% in July this year, the capital continues to lag the UK as a whole, the average monthly rent in the capital now stands at £1,564.

HomeLet’s July Rental Index reveals that rents rose in nine out of the 12 regions of the UK covered by the research.

Read the Homelet Rental Index July 2017 in full with data click here.

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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