Rents are going up and have risen by an average of 3.5% nationally. Average rents in the UK are now £953 p/m according to an independent study. The Tenant Fees Act is likely to be a major factor for the increase.
Excluding London, the average new UK rent is £793, up by 3.9% from a year ago.
Average new rents in London are now up to a whopping £1,630. This is an increase of 2.1% on the same time last year.