Annual rent growth in UK outside of London up almost 5% in final quarter of 2015

Average annual rent growth across the UK, excluding London, was 4.9% for new tenancies signed during the final three months of 2015 than in same period of 2014, the latest index data shows. It means that the average monthly rent outside of London now stands at £739 while in the capital rents increased by a much larger 8% year on year in the final quarter of 2015, taking the average to £1,523. The HomeLet rental index shows that after London the biggest annual rise was in the South East at 7%, ...