Active Roster






News Archive                                                             Company news & comments

View Archive

Private tenants across Great Britain saw their rent increased by 2.6% in the twelve months to April 2016, according to figures from the Office for National Statistics (ONS).

The average cost of renting a property outside London rose by 5.1% in the 12 months to April, while tenants in the capital faced a 7.7% increase, according to the latest figures from referencing firm HomeLet.

Average rents in England increased between January 2005 and February 2009, fell between July 2009 and February 2010 and have been increasing steadily since May 2010.

In the twelve months to April 2016, private rental prices increased in each of the nine English regions. Three regions - the East Midlands (8.5%), West Midlands and the East of England - have now broken all-time records for rents according to the ONS. Where as HomeLet said rents were rising faster in Scotland than anywhere else in the UK, with the average up by 11.4% year-on-year to £704 a month. The next highest rise was in the east Midlands, where new tenancies cost 7.9% more than in April 2015 at an average of £646 a month.

"Ironically, the government’s efforts to help first-time buyers by penalising investors, could end up hindering them as a shortage of rental properties will drive up rents in the long term, making it more difficult to save up for a deposit,” commented Paul Smith, chief executive of Haart.

Last week Your Move and Reeds Rains reported that average rents are now increasing at the fastest rate since last autumn.


An informed investor is a successful investor!

For the current research results and the best choice of property investments, as selected by property buyers, in the UK market do not hesitate to contact your Earnest Knight Consultant today

Information is free and can only be of benefit to you

CALL:                        0208 6109 472

FREE PHONE:             0800 3689 317




Register with Earnest Knight here


Office Direct      0208 6109 472
Freephone 0800 3689 317

Earnest Knight Crest Aristotle Quote

    Copyright © 2005 - 2018 Earnest Knight Ltd