Newly-published figures show that tenants in the north of England spend five per cent less of their annual income on rent than the national average.
Tenants in the north east, north west and in Yorkshire and the Humber spend on average 26 per cent of their annual income on rent, compared with the national average of 31 per cent, according to the report from Savills' estate agents and Rightmove, the only property guide.
The north-south divide is most prominently shown by rental incomes across the 30 largest rental markets outside of London. The five highest value locations (Elmbridge, Oxford, Brighton and Hove, Woking and Reading) are all located in the south east and have average rents over £10, 000 a year. The lowest value markets (Bradford, Kirklees, Warrington, Sheffield and Coventry) are all in the midlands or the north with average annual rents in the £5,700 to £6,700 range.
No comments:
Post a Comment