The average rent in the UK has reached a new record high of £1,113 PCM after rising a further 0.9% from last month, according to newly released data from HomeLet.
Average rents in London have risen again. Rents in the capital have risen to a new average of £1,846 PCM – an increase of 0.8%. When London is excluded, the average rent in the UK is now £936 PCM, also up 0.9% from last month.
Scotland saw the largest monthly variance, with rents 3.3% higher than last month.
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