Linked article iconRents undershoot inflation again

The statistics, based on 470,000 tenancies, by the Valuation Office Agency show that rents undershot RPI and CPI inflation in most of the country, an exception being the Inner London market, with average rental growth of just 2.7% in England against RPI inflation of 2.9%, and CPI of 2.4%.

This data is likely more accurate than that which is often reported elsewhere. Other reports are often produced by property service providers which can lead to misleading (and often over enthusiastic) statistics which in our view don’t reflect true rents on the ground which you and I will actually experience when letting a property.

The actual statistics being referred to above are available here.

Source: Property talk live!