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Rents increased by 1.2% in the UK in the year to April 2019 – PropertyWire

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UK house prices grew by 1.4% in the year to April 2019, down from 1.6% in the year to March 2019. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.7% between March 2019 and April 2019, compared with a rise of 1.0% during the same period a year earlier (March 2018 and April 2018).

Landlords are raising rents after being hit by the buy-to-let clampdown in their tax bills. ONS data shows rents rose 0.9% in the 12 months to May 2019, the highest annual growth since September 2017. Across the UK, tenants saw rents rise 1.3% annually in May, up from 1.2% a month before. Northern.

Rent rises in the UK. whole year since the financial crisis, according to a new report. The historically significant cross over of earnings growth and rent rises is most likely to take place in.

Rents increased by 1.2% in the UK in the year to April 2019 Rents in the UK’s private rented sector increased by 1.2% in the 12 months to April 2019, unchanged from March 2019, according to the latest official figures.

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The number of tenancies agreed across England’s Home counties rental market between was 50% higher year on year in the second. and business confidence in the UK grows, prompting companies to expand.

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The Consumer Price Index for United Kingdom is 107.9 for the month of May 2019.The inflation rate year over year is 2% (compared to 2.1% for the previous month). Inflation from April 2019 to May 2019 was 0.3%.

The data shows that rents increased by 2.4% in the South East to 1,061, by 1.6% in the Midlands to 686 and by 1.1% in the North of England to 628. But rents fell by 0.5% in the East of England to 945 and by 0.1% in Wales to 666. The monthly index also shows that more people aged 50 and over are renting to reach a record high.

New figures have shown that rents within the UK have continued to rise during the past twelve months. Rise. Findings from the HomeLet Rental Index suggest that rents in Britain are now 10.2% higher than at this time last year.

The UK’s total household debt rose by 3% (The Money Statistics April 2019 Full Report, P5.) for the year to the end of February 2019, while average credit card debt per household stood at 2,649 (P3.) compared to 2,638 in January, having also been flat in the previous three months.

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