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Wednesday, April 15, 2015

Homelet's rent data for Feb 2015

Homelet's latest rental data for Feb 2015, shows London rents stable, whilst outside the capital is seeing rises.

Homeless puts the average UK rent at £899, another small rise, with the figure being £889 in Jan 2015 and £873 in Dec 2014.

Seven out of twelve UK regions have recorded a rise in rents in the three months leading to February 2015 with the best performing region being the North East with a 3.1% rise.  Rises were recorded in the South West, East Anglia, the North West of England, Northern Ireland, the South East and Yorkshire & Humber.

The regions reporting falls were, Greater London, the West Midlands, Wales, the East Midlands and Scotland.

Homelet's data puts UK average rental growth over the past 12 months at 10.2 %.

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