The cost of renting a private home is rising, but the rate of increase is slowing, according to the latest official statistics.
In the year to the end of October, buy to let and shared house rents rose by 1.5% – down from 1.6% in September.
Private rents in England and Wales both went up by 1.5%, but those in Scotland only increased by 0.4%.
London is also lagging the rest of England, with rents going up by 0.8%.
The figures from the Office of National Statistics show a trend of slowing rent rises since the end of 2015.
The 1.5% average increase means a private tenant paying £500 a month rent in October 2016 now pays £507.50.
“This slowdown in the growth in private rental prices in Great Britain is mainly driven by a slowdown in London over the same period,” said the ONS report.
“Rental prices for Great Britain excluding London increased by 1.9% in the 12 months to October 2017, unchanged from September 2017. The 0.8% growth rate for London in the 12 months to October 2017 was 0.7% below that of Great Britain.”
Since January 2011, private rents have jumped by 15.3%, explained the report, pushed along by strong growth in London.
“When London is excluded from these figures, private rental prices increased by 11.4% over the same period,” said the ONS.
The highest rent increase was 2.9% in the East Midlands, unchanged from September.
The lowest were in the North, where the North East added just 0.2%, down from 0.4% in September, while the North West was unchanged at posting a 1.3% increase.
Rents in Wales have seen the fastest growth since 2011, which was the last time the annual rate of change hit 1.5% in the country.