UK Rents Fall For First Time In A Decade

Rents across Britain fell in 2018 for the first time in a decade, offering relief for tenants after years of inflation-busting rises. Figures from the Deposit Protection Scheme – a government-backed group that supervises tenancy deposits – showed the average rent fell by £9 (1.17%) from £774 in 2017 to £765. The typical UK tenant spent 31% of their income on rent in 2018, a fall of 0.5% from the year before, the DPS said. Read more on the Guardian website.

https://www.theguardian.com/money/2019/jan/23/uk-rents-fall-for-first-time-in-a-decade