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Biggest rise in rents in nearly two years

20/03/2015

 

The average rent across England and Wales is now 3.1 per cent higher than a year ago

This shows the biggest annual rise seen in nearly two years from the most recent LSL Property Services report.

 

The result is the average residential rents in England and Wales are now £766, compared to £763 in January 2015 and £743 in February last year.

 

The gross rental yield on a typical rental property in England and Wales now stands at 5.0 per cent.

 

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