Annual rent for newly let UK home £3,240 higher than 2021, research finds

positivelysharing

4 months ago

Reading Time: < 1 minute

Rents have been rising more slowly in places with high rental costs, such as London, where they are increasing by 1.3%, down from 8.7% a year ago. Photograph: Alex Segre/Alamy

The average cost of renting a newly let UK home is now £3,240 higher than at the end of the pandemic lockdowns, after three years of rental increases outstripping rises in earnings, Read More