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The PRS ‘exceptionally resilient’ thanks to high tenant demand

The PRS ‘exceptionally resilient’ thanks to high tenant demand

The average rent in the UK dropped slightly to an average of £1,058 per calendar month (pcm) in November, down £1 a month earlier, the latest figures show.

Excluding London, the average rent in the UK is now £889pcm, up by 0.1% on last month, according to the data supplied by HomeLet.

Average rents in London were £1,757pcm, a slight 0.1% decrease in price from October’s average, while Yorkshire & Humberside saw the most significant monthly rise, a 1.2% climb to an average price of £736pcm.

Read the full article on Property Industry Eye | DECEMBER 15, 2021 | MARC DA SILVA

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