UK rents hit another record high

The average rent in the UK hit another record high in January, edging up by 0.4% on the December figure, the latest data released by HomeLet shows.

The figures reveal that the UK monthly rent level reached £1,064 per calendar month (pcm) last month.

When London is excluded the average rent in the UK is now £897pcm, also up 0.4% on December.

Average rents in London were £1,760pcm, an increase of 0.5% on December, and up 12.6% on December 2020.

Read the full article on Property Industry Eye | FEBRUARY 10, 2022 | MARC DA SILVA