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Sluggish growth in London hinders UK rental income figures

News Team, 14/05/2019

The average rent for UK properties grew by less than one percent in the year to April.

Rental income grew by 0.96 percent, as slow rents in London (0.66 percent) continued to dampen the resilient rental growth in the rest of the UK (1.11 percent), according to the latest Landbay Rental Index.

The research found that looking north of London, or even England, may be beneficial for landlords.

Scotland had the highest year-on-year rental growth at 1.78 percent. Here the average rent is £750, which is slightly lower than the UK’s average of £773 (excluding London).

Edinburgh has the highest rental gro...


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