Homelet rent index up 11.8%

Homelet's rental index, July 2015, has rents in the PRS up 11.8% over the year.

In brief, the report has the three months to July compared to the same period last year as

• Average rents for new tenancies in the UK up 11.8% 
• Average tenant incomes up 4% 
• New tenancies in London up 9.5% 
• When London is excluded, the average UK rental values are £761pcm - 8.1% up A
• Average rental values have increased in eleven out of twelve regions in the UK

Read Homelet's rental report for July 2015 in full

Rent price increases running ahead of inflation and house price growth http://t.co/gD1W4I1dyS

— HomeLet (@HomeLet) August 10, 2015

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