Rents up by an average of 3% across England and Wales year on year

Rents in England and Wales have increased by an average of 3% over the last year to £791 per month, according to the latest buy to let index. Record rents were recorded in the Midlands while rents fell in Wales and the North East, the data from the Your Move and Reeds Rains index also shows. On a monthly basis March was a relatively subdued month, with the level of average rents the same as was seen in February. Month on month rent growth has dipped marginally from 0.1% between January and Febr...