Average cost of a new let in Britain increased by almost 2% in year to March 2019

The average cost of a new let in Britain increase by 1.9% to £969 per month in the year to March 2019, according to the latest rental index to be published. The biggest rise was 4.1% in Outer London to £1,563 while Inner London saw a rise of 2.4% ton £2,655 and in Greater London rents increased by 3.7% to £1,737, according to the data from Hamptons International. But rents fell in Scotland, down by 0.1% to £632 and increased by just 0.2% in the South East to £1,028 while in the North of England they increased by just 0.7% to £630 and in Wales they increased by 0.8% to £655.

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