UK Rent Growth Halves During 2017

Average UK rents increased at less than half the rate during 2017 than 2016, The Deposit Protection Service (The DPS) has revealed in the latest edition of its Rent Index. According to the latest edition of the DPS rent index average UK monthly rent during 2017 increased by just 1.63% from £761.31 to £773.74 during 2017; half the rate of growth during 2016 (3.25% from £737.33). The slowdown was particularly pronounced in London, which saw the lowest increase in average rent of any British region, increasing by just £5.83 or 0.44% to £1,324.29 (from £1,318.46). Download the Rent Index from the DPS website.

http://www.depositprotection.com/documents/rentindexq42017.pdf