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UK rents halt decline, but London rents continue lower

Rents halted a three-month decline in July, with the average UK rent rising by 1.1% to £925 a month, research by HomeLet showed.

London rents, however, continued the downward trajectory, falling for a fourth straight month. Rents in the capital fell by 0.6% on the year.

Brexit uncertainty is adding to issues of affordability and the impact of tax changes, with London acting as a brake on the overall market, HomeLet said.

Click here for the full Daily Telegraph article

Click here for the full Bloomberg article

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