Average UK rent hits £1060 PCM

A small MOM increase of 0.2% in UK rent prices during December has pushed average rent prices in the UK to £1060 PCM, according to the latest figures released by Homelet.

Homelet data shows that this is up by 8.3% on the same time last year. When London is excluded, the average rent in the UK is now £893 - a 6.6% rise on last year. Average rents in the capital were £1,752, an increase of 12.6% on Dec 2020. To continue reading, please Click Here

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