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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