UK sees an annual rise in rents

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According to the latest figures released by the ONS (Office for National Statistics), private rental prices paid by tenants in Great Britain rose by 2.4% in the 12 months to July 2016, unchanged compared with the year to June 2016.

Private rental prices grew by 2.6% in England, 0.2% in Scotland and were unchanged in Wales (0.0%) in the 12 months to July 2016.

Rental prices increased in all the English regions over the year to July 2016, with rental prices increasing the most in the South East (3.5%).

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