Rents fell in December, with month-on-month falls across
much of the UK according to figures from HomeLet, which processes references
for around 350,000 tenants a year. But the company said that the decline was
largely attributable to seasonal factors and that year-on-year figures still
showed a rise. During 2014, it said, average rents in UK rose by 6.6%. HomeLet
found that average monthly rents fell from £874 to £867 in December, the fourth
month running in which rents have registered declines. Rents nationally peaked
at £921 in August, but have fallen by 5% since then. Read more on the Homelet website.
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