Private Rents Went Up 2.3% In Year

Private sector rents went up 2.3% in the year to September, according to the latest figures from the Office for National Statistics (ONS). The rise in UK prices is unchanged from August, the organisation’s latest Index of Private Housing Rental Prices IPHRP). In England, private rents grew 2.5% and fell 0.1% in Scotland. They grew by 0.1% in Wales in the 12 months to September 2016. Furthermore, rental prices increased in all the English regions over the year to September 2016, with rental prices increasing the most in the South East (3.5%). Read more on the ONS website.