Rental prices rise in all regions of England and Wales as demand grows from frustrated potential buyers | Mail Online
Rents in England and Wales lifted to £718 per month in September and hit record highs in six regions, according to research.
The LSL Property Services’ Buy to Let Index shows the new figure surpassed the previous record high of £713 seen in August by 0.7 per cent.
It said that with annual rental inflation at 4.3 per cent, the average rent is £29 per calendar month higher than a year ago.
However, with consumer prices inflation coming in at a hefty 5.2 per cent this week, one small consolation is that rents are rising slower than the cost of living.
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