Average rents in UK up in all regions in year to February 2019
HomeLet | January 11, 2019
The average rent in the UK’s private rented sector increased by 3.8% in the 12 months to February 2019 to £940, according to the latest lettings index to be published. However, when London is excluded, the average rent increased by slightly less, up 3.2% to £782, while the average in London was up by 4% to £1,599, the date from tenant referencing firm HomeLet shows. All 12 of the regions monitored by HomeLet showed an increase in rental values between January 2018 and January 2019 with the largest a rise of 7.7% in the South West to an average of £868.