Average new let rent up by over 3% in year to June 2019

The average cost of a new let in Britain increased by 3.1% to £986 per calendar month in June, driven by rising rents in the South of England, according to the latest lettings index. The figures from Hamptons International show that excluding London average rents increased by 1.7% to £787 while in Greater London they were up by 4.3% to £1,737. Overall rents are at their highest level since April 2016.

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