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Thursday, May 14, 2015

Homelet sees rising rents

Homelet's Rental Index for April 2015 shows the following key points for the three months leading up to April -
  • Average tenant income up 2.5% higher on last year.
  • London average rents for new tenancies up 7.5% on last year, now £1,436pcm.
  • UK average rental value (excluding London ) up by 7.4% on last year, now £730pcm.

Homelet's Rental Index is compiled from new tenancies, via their tenant referencing service, amounting to up to  1,700 applicants every day. 

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