Rents Fall In London Central Housing Group

Rents Fall In London As Prices Hit Ceiling

Rents have risen widely – but rents fall in London on both a monthly and an annual basis.

Your Move said the rents fall suggest renters in London have reached an affordability ceiling.

Despite edging back, the average rent in the capital is now £1,280 per month, far higher than anywhere else, including the south-east at £878.

Rents in Wales have risen faster than in any English region, but remain among the cheapest at £593.

Rents crept up in the south-west region to stand at £662, but this figure was 1.5% down year on year.

The data, based on around 20,000 Your Move properties across England and Wales, covers February.

Blog Post from Property Industry Eye

See details of our Guaranteed Rent Scheme here

If you have any comments, please email the author of this article and click on the link above

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Registered Office: Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN | Registered in England and Wales | Registered Company No. 3961047 | VAT Registration No. 752 6015 48


Social Media Auto Publish Powered By :
Google Rating
Based on 109 reviews