The UK Cities Where Rent Is Rising The Fastest

The cost of renting a home rose fastest in Nottingham, Leeds and Bristol in the past year, research indicates, while Aberdeen recorded the biggest fall. The survey, from property website Zoopla, said tenants moving into a Nottingham home this summer paid 5.4% more in rent than a year earlier. Leeds and Bristol (up 4.5%) were the only other UK cities where rents rose faster than UK average wage growth. On average, renting a UK home has become more affordable, Zoopla said. Part of the reason lies in an increase in the number of people buying their first own home, relieving some of the pressure on the rental sector. Read more on the BBC website.

https://www.bbc.co.uk/news/business-50056177