Thursday, 2 June 2016

Private Sector Rents Rise 2.6%

There’s been no change in the rate of private sector rental price rises between March and April this year in Great Britain but that’s not to say rents aren’t increasing, according to the latest figures from the Office for National Statistics (ONS). The April 2016 Index of Private Housing Rental Prices (IPHRP) showed that private rents rose by 2.6% in the 12 months to April 2016, unchanged when compared with the year to March. Private rental prices grew by 2.8% in England, 0.2% in Wales and 0.5% in Scotland in the 12 months to April 2016. Meanwhile, rental prices increased in all the English regions over the year to April 2016, with rental prices increasing the most in London (3.7%). Read more on the Housing Excellence website.

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