Landlords and tenants will want to keep a keen eye HomeLet's Rental Index figures have just been released.
The key headlines are:
- Rents in the UK rose by 0.9% in March compared to the same month a year ago; the average monthly rent now stands at £912 a month
- Rents in London increased by 1.5% in March this year compared to March 2017; the average monthly rent in the capital now stands at £1,569 a month
- When London is excluded, the average UK rental value was £759 in March 2018, this is up 1.1% on last year
HomeLet’s March Rental Index reveals that rents rose in 10 of the 12 UK regions covered in the research.
You can take a look at their full report, giving details of average rents by region, here.
I Am The Agent offer great rental packages for landlords. We advertise properties nationwide and add new listings daily. If you're looking for a new pad get searching here, and remember at I Am the Agent, the UK's first online propetech estate agent, we do not charge tenant fees.
Happy house hunting from the IATA Team.