ONS reports annual rental growth falls to 2.5%

Rents in Great Britain's PRS have risen  2.5% over the past 12 months according to ONS rental data for May 2016.

Annual rental inflation is now 2.6% in England, 0.4 % in Scotland and  unchanged in Wales.

The South East showed the highest rate of annual growth at 3.4%.

The average monthly rent in Great Britain is now £512.50, compared with £500 a year ago. 

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