Friday 16 September 2011

Rental prices accelerate at their fastest pace in a year and have risen a mammoth 12% in London | Mail Online

Rental prices accelerate at their fastest pace in a year and have risen a mammoth 12% in London | Mail Online

The average weekly rent in England Wales rose by 1.2 per cent to £713 last month, surpassing the previous record high of £705, according to research.

The Buy-to-Let Index from LSL Property Services revealed the largest monthly increase since August 2010 as potential house buyers struggle in the face of high deposit demands and are forced to rent.

With annual rent inflation at 4 per cent, the average rent is £27pcm higher than August 2010 ....

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