National asking rents outside London fell by 0.2% in the three months to September, which is one of the busiest times of year for tenants looking for a new home. The glut of homes available to rent pushed down rents in the south-east by 2.3% in the period. Average rents rose in every other UK region apart from Greater London and Yorkshire and the Humber. The biggest quarterly increase came in the north-east, where the average asking rent rose by 2.6% to £564 per month. Asking rents in the capital fell at an annual rate of 3.3% in September to an average of £1,920 per month.

Source: The Guardian October 08, 2017 22:52 UTC