Property News · September 9, 2016

Home rents rose to an all-time high in July


Average rent reached £846 in England and Wales amid a ‘positive’ market response despite EU vote, says estate agencyThe average monthly rent for a home in England and Wales rose to an all-time high of £846 in July, amid strong demand for let accommodation.The overall figure for England and Wales was 5.2% higher than a year previously, according to the latest monthly index of buy-to-let rentals from the estate agents Your Move. The biggest year-on-year increase occurred in south-east England, with rental costs rising by nearly 15% to £924 as people moved out of London to escape the capital’s high rents. Continue reading…

Source : theguardian.com
Read more…Home rents rose to an all-time high in July