Property News · August 24, 2015

Pace of rent rises quickens as average UK rent reaches £937 a month


Rents were up 4.6% in July on the year before, figures show, with median rent for one-bedroom flat in London now more than £1,000 a monthAverage rents in the UK reached £937 per month in July as the pace of increases took a significant step up amid a shortage in the supply of housing. Related: Generation rent: how does it feel to be locked out of the housing market? Continue reading…

Source : theguardian.com
Read more…Pace of rent rises quickens as average UK rent reaches £937 a month