• Login
  • Join
  • Access Problems
  • Status
GRL Landlord Association
  • RH (Wales) Act
  • Home
  • Pricing
  • Subscribers
  • Services/Discounts
  • Forms
  • Recent
  • Contact
  • Find Answers
    • England Guidance
    • Wales Guidance
    • Housing Changes Timeline (E/W)
    • Admin/Tech Support
    • Search Website
    • Weekly Digest (Subscribe)
  • Ask a Question
    • Ask Question
    • View Questions
    • Your Q & A Activity (from Sept 2020)
Select Page

Rents Rising as London Recovers From Slowdown

by guildy | 27 Jun 2019 | Investing in a Property (England), Investing in a Property (Wales), News, Rent Setting (England), Rent Setting (Wales)

Rents rising as London recovers from slowdown

Buy to let landlords have seen rents rise 1.3% in a year, according to the latest official data.

The underlying figures vary across the country.

Tenants in England are paying 1.3% more, while those in Wales are paying slightly less – at 1.1%.

The figures from the Office for National Statistics are the latest available and cover the year ending May 31.

Regional rents are outpacing those in London, which are still recovering from a slowdown in 2016, says the ONS.

Rents in the capital were up 0.9% year-on-year but increased 0.5% from April 2019.

The annual increase is the highest rate London has seen since September 2017 and may signal a resurgence for landlords, says the ONS.

Excluding London, rents in England and Wales increased by 1.5% in the year, since January 2019 the rate of increase has stuck at 0%.

The East Midlands saw the largest annual rent increase (2.1%), unchanged from April 2019.

Next was the South West (2.0%), up from 1.7% in April 2019 and Yorkshire and The Humber (1.8%), unchanged since February 2019.

The lowest annual rent increase was in the North East, where prices increased by 0.5% from 0.4% in April 2019, followed by London.

Read the full ONS report

Rent rises around the English regions – May 2019

Rent rises around the English regions - May 2019

Coronavirus Guidance

View now ...

Discounted landlords buildings insurance

Landlords Building Insurance

Guild subscribers can get preferential rates for landlords buildings insurance especially designed for landlords

Read more ...

Tenant Referencing Service

Tenant Referencing

Tenant Referencing Service

Read more ...

Recent Articles

  • How to Buy Property at Auction 23/05/2022
  • Sub-occupation contracts (Subletting) (Wales) 19/05/2022
  • Exclusion of Contract-Holder From Dwelling for Specified Periods (Wales) 18/05/2022
  • Landlord’s Consent Under Occupation Contract (Wales) 17/05/2022
  • Fire Safety Act 2021 17/05/2022

Navigation

  • RH (Wales) Act
  • Home
  • Pricing
  • Subscribers
  • Services/Discounts
  • Forms
  • Recent
  • Contact
  • Find Answers
    • England Guidance
    • Wales Guidance
    • Housing Changes Timeline (E/W)
    • Admin/Tech Support
    • Search Website
    • Weekly Digest (Subscribe)
  • Ask a Question
    • Ask Question
    • View Questions
    • Your Q & A Activity (from Sept 2020)

Navigation

  • RH (Wales) Act
  • Home
  • Pricing
  • Subscribers
  • Services/Discounts
  • Forms
  • Recent
  • Contact
  • Find Answers
    • England Guidance
    • Wales Guidance
    • Housing Changes Timeline (E/W)
    • Admin/Tech Support
    • Search Website
    • Weekly Digest (Subscribe)
  • Ask a Question
    • Ask Question
    • View Questions
    • Your Q & A Activity (from Sept 2020)

Subscribers

  • Login
  • Join
  • Access Problems
  • Status

Please login

Please login to see your active subscriptions and account links.

Terms, About Us and Status

General terms and conditions

Website terms

Privacy policy

About Us

Status

(c) Guild of Residential Landlords

Recent Articles

  • How to Buy Property at Auction 23/05/2022
  • Sub-occupation contracts (Subletting) (Wales) 19/05/2022
  • Exclusion of Contract-Holder From Dwelling for Specified Periods (Wales) 18/05/2022
  • Landlord’s Consent Under Occupation Contract (Wales) 17/05/2022
  • Fire Safety Act 2021 17/05/2022
  • Facebook
  • Twitter
  • Instagram
  • RSS