Rents show seasonal surge to new high

Rents continue to surge according to the only national real time measurement of buy-to-let rents the Rentindex.

Rents have surged almost 3% over the last month to a record of £667 per month.  The average rent in the UK is now a full £100 higher than the low reached early in 2008 just after the financial crisis.

The rental figure derived from over 2600 tenancies created over the last 90 days show the usual seasonal spike as landlords hike rents and tenants are prepared to pay more prior to the onset of Winter and the Christmas season.

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