ONS releases new private rental index

ONS releases new private rental index

A new index of private rental prices has been published by the Office of National Statistics.

The index announced that the private rental rates in the UK rose by 2.6% from February 2015 to 2016, the same rate as January.

Rents in England saw the biggest increase of 2.8%, whilst Wales and Scotland only saw increases of 0.2% and 0.7% respectively. London saw the highest hike, with a 3.8% jump.

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