Thursday, 25 October 2018

Stats Show UK Rental Market ‘Remains In Recession’


The UK rental market remained in recession during the third quarter of 2018 (Q3 2018) according to latest figures from the Deposit Protection Service (DPS). In its new Rent Index – based on a database of millions of properties across the UK –the DPS reports that average rents decreased for the third consecutive quarter in Q3 2018, falling from £764 to £761. The Index also shows that average UK rent has now decreased £14, or 1.83%, since Q3 2017 and is now lower than the national average for 2016. Read more on 24housing.

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