LETTING & ESTATE AGENT

Rents edge up just slightly over the year, says ONS

Rents edge up just slightly over the year, says ONS

The Office for National Statistics has reported that in the 12 months to August 2013 rents paid by tenants rose by 1.2%.

Private rents in Great Britain excluding London rose by 0.8% during the same period. In London, rents rose by 1.9% and in the south-east by 1.1%.

The ONS’s Index of Private Housing Rental Prices “measures the change in price of renting residential properties from private landlords” while not actually giving any actual rent prices themselves.