SpareRoom’s Rental Index Q3 2019
Data Summary
- Rents remain steady across the UK, up just 1% over the last year. This indicates that the recent tenancy fees ban hasn’t resulted in rental increases
- Northern Ireland is the cheapest place to rent in the UK, with average rents of £352
- The UK’s cheapest town is Galashiels in Scotland, with average rents coming in at £303 – followed by Northern Ireland’s Bangor (£318) and Craigavon (£320)
- Guernsey continues to outrank London as the most expensive place to live in the UK with rents of £796, compared to London’s average of £782
from here
The surprise is, of course, the last point. All the others are exactly what we would expect, despite all the wailing from letting agents.
Forbidden Bible Verses — Exodus 21:12-21
4 hours ago
3 comments:
Nice one.
Letting agents face a much more serious threat: Facebook Marketplace. Instant results and completely free. OK you have to download a copy of a tenancy agreement from the internet and fill in the blanks, but how hard is that?
Guernsey rents are probably distorted by the system whereby locals can buy/rent anything, but new residents can only live in under 10% of the property designated open market.
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