Rents Outside London Soaring At Fastest Rate On Record

Private rents outside London are rising at their fastest rate for 13 years, research suggests, as tenants making plans for life post-pandemic compete for properties. The property website Zoopla said average rents across the UK outside the capital rose by 5% over the 12 months to the end of July – adding more than £450 to a typical annual rent bill – the biggest increase since its index began in 2008. However, locations popular with tenants quitting London and other big cities after reevaluating their lifestyle have seen rents jump by a lot more – up to 25%, according to some estate agents. Read more on the Guardian website.

https://www.theguardian.com/business/2021/sep/08/rents-outside-london-soaring-at-fastest-rate-on-record-agencies-say