Residential rent gap between London and rest of UK widens again

The gap between the pace of annual rent rises in London and the rest of the UK has widened again after converging over the summer months, the latest index report shows. Rents were up 7.5% year on year in London and 3.5% in the rest of the UK in the third quarter of the year, according to the date from the HomeLet Rental Index. On average London tenants paid £1,560 per calendar month, which is over £800 more per month that the rest of the UK and for the second month in a row rents are now risin...