rentals

Rents continue to rise across the UK

15th August 2024 Consumer Collections | #rentals

Latest data from the Office of National Statistics (ONS) has found that the average UK private rents increased by 8.6% in the 12 months to July 2024 (provisional estimate), unchanged from in the 12 months to June 2024. Average rents increased to £1,319 (8.6%) in England, £748 (7.9%) in Wales, and £965 (8.2%) in Scotland,…

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Record rise in private rents

23rd July 2024 Consumer Collections | #rentals

New data from Rightmove  has shown that average advertised rents outside of London hit a new all-time high of £1,314 per calendar month in the second quarter of 2024, according to the online property platform, indicating a 7% jump from the previous year. In London, rents hit a new record of £2,661, 4% above the same…

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Average rentals increased by 8.6% in June

18th July 2024 Consumer Lending | #rentals

Latest ONS, data has shown that the average private rents costs rose by 8.6% in the 12 months to June 2024, down from 8.7% in the 12 months to May 2024. Average rents increased to £1,310 (8.6%) in England, £743 (8.2%) in Wales, and £959 (8.4%) in Scotland, in the 12 months to June 2024.…

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