HomeLet’s September Rental Index puts average UK rent at £1,387, up 0.4 percent on August and 3.3 percent on the year, with London up 1.5 percent to £2,272 while eight of 12 regions fell month on month.
HomeLet’s latest affordability report finds renters aged 70 and over spend 46.8 percent of gross income on rent, based on millions of references to August 2026.
HomeLet says average UK rents on newly agreed tenancies rose to £1,369 in July, up 1.2 percent on the month and 4.3 percent year on year, with London staying above £2,200 and the North East posting the fastest annual growth.
HomeLet says average UK rents reached £1,353 in June, with London up 5 percent year on year and still leading the sharpest regional pressure in the rental market.
HomeLet’s latest Rental Index reveals that the average rent in the UK has increased by 0.8%, reaching £1,184 PCM. Excluding London, the average rental price…
London is hailed as the best rental market, but the regions continue to show strength. Investors in the UK’s private rental sector are continuing to…
For investors in the rental market in the UK, one of the country’s hottest asset classes, the delicate balance between spending big in London for…
