Rents In UK Up Almost 5% In Second Quarter Of 2019

Rising rents, a doubling of tenant applications and a shortage of housing stock continues to put pressure on the Private Rental Sector in the UK, according to the latest lettings index report. Average rents reached £774 per month in the second quarter of 2019, up 4.5% compared to the same quarter in 2018, the data from the Belvoir index shows. Belvoir’s analysis of tenant applicant leads in June 2019 confirmed a dramatic increase in numbers when compared to those recorded in May 2019. Read more on the Property Wire website.

https://www.propertywire.com/news/uk/rents-in-uk-up-almost-5-in-second-quarter-of-2019/