Private rents rise again as London breaks £1,100 barrier for first time

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Published by Jon Land for 24dash.com in Housing and also in Bill Payments

Tenants saw private rents rise by 0.4% in October pushing the average rent across England and Wales to a new record high of £744 per month. The latest increase means rents have now risen for seven consecutive months and are, on average, 3.4% higher than this time last year. Today's figures from the LSL Property Services Buy-to-Let Index show rents have continued to rise significantly in London (0.9%) and the South East (0.7%). Over the past 12 months average rents have increased by 7% in London ...

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