Greater London rents up 5.1% month-on-month

Published on

rent

The average cost of renting a home in the UK has reaches an all-time high.

June’s data shows the average cost of renting a home in the UK increased by 3% during June to £811 per month, according to Homelet.

It represents a 5.1% increase from in June 2012.

Tenants in Greater London are paying 3% more than last month, and an additional 4.9% than in June 2012.

When the Greater London figure is removed, the average monthly cost of renting a home around the rest of the UK is £681. This is the highest amount since August 2012.

It is now 86.5% more expensive to rent a home in the Capital than the rest of the UK (when the Greater London amount is removed).

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Professional landlords remain committed to buy-to-let despite regulatory pressures

Professional property investors are continuing to back the private rental sector despite mounting regulation...

Planning applications fall to lowest level in more than a decade

Planning applications across England and Wales fell to their lowest annual level since 2012...

Pure Retirement passes 11,000 users on MyPure platform

Pure Retirement says more than 11,000 customers are now registered on its online account...

Buckinghamshire cuts fees on credit repair mortgage ranges

Buckinghamshire Building Society has halved product fees across its Credit Revive and Credit Restore...

SortRefer launches snagging reports service for new-build buyers

SortRefer has launched a snagging reports service to help brokers support clients buying new-build...

Latest publication

Other news

Professional landlords remain committed to buy-to-let despite regulatory pressures

Professional property investors are continuing to back the private rental sector despite mounting regulation...

Planning applications fall to lowest level in more than a decade

Planning applications across England and Wales fell to their lowest annual level since 2012...

Pure Retirement passes 11,000 users on MyPure platform

Pure Retirement says more than 11,000 customers are now registered on its online account...