rents rise in the uk!

2019 was a year of recovering rental values following the drop observed in 2018. The DPS (Deposit Protection Service) reports a 1.4% increase in rents in 2019 (Q42018 to Q42019).

Average monthly rent in the UK is now £773, or £672 excluding London.

London continues to be the most expensive region to rent with average monthly rents of £1,345. The North East is the cheapest region to rent with monthly rents of £518.

Strongest annual growth in average monthly rents was seen in London, a 4.3% increase followed by the South West region at 3.3%.

Ben Foster

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