UK Rents Up Yet Again In January

UK rents went up 2.5% in January, with the average monthly rent now £889. The latest HomeLet Rental Index has revealed that 9 out of 12 regions in the UK have seen prices rise, with only the North East, Northern Ireland and the West Midlands seeing a decline in rental costs. Rents were £867 a month at the end of 2014, and £799 in January 2014. The index’s figures show that renters were hit hardest in the East Midlands, Scotland and East Anglia with costs rising 6.2%, 5.7% and 5% respectively.  Read more on 24dash.