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ONS reports: Rents may not be increasing as highly as we imagine

Friday, September 27, 2013 Posted in: Property Market

Reports from The Office for National Statistics show that in the last 12 months to August 2013 rents paid by tenants rose by just 1.2%.

Private rents in Great Britain excluding London rose by 0.8% during the same period. In London, rents rose by 1.9% and in the south-east by 1.1%. 

Contrasting the press’ portrayal of rents escalating uncontrollably, these figures show that in reality rents aren’t rising at the extortionate rate some may believe.

See more here

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