rents going up quealy co lettings  

The average rent in the UK at the end of April 2022 was £1,091 pcm (per calendar month), up 9.5% on the same time last year and up 1.2% from March.

Positive annual and monthly change in rental prices have been recorded in every region. London has seen the highest increases: annual (14.2%) and monthly (1.9%).

After London, the regions which have recorded the highest annual rises are Scotland (12.3%), North West (11%) and South West (8.4%).

The cost-of-living crisis could put downward pressure on rental growth. Currently, the imbalance between supply and demand continues to be the force behind rent inflation.

Get Expert Advice

At Quealy & Co, we are your local property experts in North Kent. If you need expert letting advice about selling your property with a sitting tenant, our friendly team are happy to answer all your questions.

Get in touch with your friendly Lettings team at Quealy & Co to ask any questions about your rental property or property management needs.

Call us on 01795 429836 or email for a chat.  

Source: Dataloft, HomeLet


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