Weekends evenings free valuations social media facebook instagram Twitter pinterest 01484 556030 "
Our House Price Index was released to the media this morning and gives a national picture of house prices and activity over the past few weeks. For lettings, our quarterly Rental Trends Tracker released last month gives an insight into what we've seen in the rental market over the last quarter.
Regional price records defy Brexit uncertainty
In contrast the same comparison sees new listing numbers in the remaining seven regions down by an average of 6.5%
Read the full House Price Index here https://www.rightmove.co.uk/news/house-price-index/
London asking rents hit record high with highest annual rate of 8.2%
London’s average asking rents have increased by 8.2% in the last year, with the average rental property in the capital now averaging a record £2,093 per month
The 8.2% increase is the highest annual rise in London since Rightmove began reporting this data back in 2012, while average asking rents in London are up 2.9% on last quarter alone
Demand outstripping supply with the number of available rental properties in the capital down by 33% compared with two years ago, while available rental stock has dropped 13% for the rest of Great Britain
The upcoming Tenant Fees Act will cap rental deposits to five weeks of rent in England, making the cheapest deposit in the North East at £630 and the most expensive in London at £2,415
Read the full Rental Trends Tracker here https://www.rightmove.co.uk/news/rental-price-tracker/