Average Rent Increases In England and Wales

The cost to rent in England and Wales has increased 0.6% in July to reach £705 a month according to a new survey by LSL Property Services.

The recent increase is the 6th rise in a row and means that the average cost to rent is now £29 higher than the same period last year.

David Newnes of LSL said: “Rents are on an upward trajectory, and it is unlikely that tenants will gain respite any time soon.”

 

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