Property Rental Prices in Great Britain: November 2017

Property Rental Prices in Great Britain: November 2017

Private Rental Prices Still Increasing in England, Scotland and Wales

  • Rental prices paid by tenants in Great Britain (England, Scotland and Wales) increased by 1.4% in the 12 months to November 2017.

  • Rental prices for Great Britain excluding London increased by 1.8% in the 12 months to November 2017.

  • Rental prices for London increased by 0.6% in the 12 months to November 2017. This is the lowest annual increase in London since October 2010.

UK: Rent Smart Wales registration scheme to launch

As a result of the Housing Act (Wales) 2014, by 23 November all private landlords need to register and managing landlords and agents to become licensed with Rent Smart Wales.

Landlords and agents who are involved in letting and management activities will also have to undertake training to apply for their licence.