Homelets December Rental Data Report

The December 2014 Homelet Rental Data Report has been published.

The key points are - 

• In the three months to December 2014, average rental values for new tenancies in the UK were 7.6% higher than the same period last year
• The annual growth in average rental values for the three months to December 2014 (7.6%) was higher than 2013 (3.8%), 2012 (3.5%) and 2011 (3.5%)
• In the three months to December 2014, average tenant incomes were 7.1% higher than in 2013
• Average rental values for new tenancies in London (£1,393pcm) were £149 more expensive per month when compared to average rental values in December 2013 (£1,244pcm)
• Average rental values for new tenancies in London (£1,408pcm) were £140 more expensive per month when compared to average rental values in November 2013 (£1,268pcm)
• When London is excluded, the average UK rental value was £694pcm - this is 1.5% higher than last year (£684pcm)

View Homelet's Rental Data Report for December 2014

Take advantage of our discounted landlord insurance rates