Strong tenant demand sees average UK monthly rent hit £987

The latest figures released this morning from Homelet have revealed that, for landlords at least, rents are beginning to move in the right direction with the third successive monthly rise.

According to the data, the average rent in the UK now stands at £987, up by 0.2% on last month and up 4% from June where it stood at £951. When London is excluded, the average rent in the UK is now £828 - up by 3.9% on last year.

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Source: Property Reporter

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