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Rents in England and Wales hit second highest peak ever recorded by Your Move

November 23, 2016Tags: renting | renting out | buy-to-let | letting | lettings | Landlords
  • Rent levels dip slightly following record September
  • Average England and Wales rent was £900 in October
  • Wales sees biggest price rises in past 12 months
  • London home to highest rents at £1,290 per calendar month

Recent rent increases in England and Wales levelled off in October, with the average property being let for £900 per calendar month. This figure was marginally down on September’s total of £907, the Your Move England & Wales Buyto Let Index found.

Despite the slight drop in rents compared to last month, this is the second highest rent ever recorded by this survey. Across England and Wales rents have grown by 12% in the year to October 2016.

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