Tuesday, 29 July 2014

London Rents 'Double Those across Rest of UK'

Tenants in London now pay rents that double those across the rest of Britain, according to new research. Average rents across the UK rose by 6.3% over the past year and now stand at £862 a month compared to £811 a year ago, the HomeLet Rental Index's study found. But tenants in the capital face average monthly rents of £1,412, compared to £694 for the rest of the UK once London is excluded, and saw prices soar 11.2% in the year up to June 2014. Out of the country's 12 regions, only the North East of England and Scotland.  Read more on the Sky News website.

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