Average rents for London and the UK on the increase

At Finefair, we understand that people want to get the most they can from their properties. You might own one or an entire estate but it is important that you get the help you need. This is precisely what we do though our various first class services. For example, we provide the block management Camden has confidence in to deliver top results.

Average rent increase

According to the latest lettings index, average rents in the UK have increased by 2% over the 12 months to April 2019. This has brought the average let up to £936 a month.

Excluding London, the UK rental value increased by 1.8% on last year, bringing the average to £775. Rents in London rose by 1.8% bringing the average rent in the capital to £1,617. The average rental values in London for April were 72.8% higher than the rest of the UK.

Block management CamdenThere were numerous areas across London were rents increased. The biggest of these was the London borough of Westminster where an annual rise of 13.7% brought rents to £2,385. Other areas to note include Chelsea, Fulham, Hammersmith and Kensington where a 10.4% rise brought average rents to £2.071. There were also areas like Camden and the City of London with rents that rose to £2,057.

Leading help

Properties are an investment which requires a lot of your attention. When you own more than one and have other responsibilities to take care of, it can be even more difficult. This is why you should rely on the specialist services our skilful team offer. We can provide various forms of assistance such as the block management Camden relies on. Whether you have one property or a portfolio you have been building up over the years, rely on Finefair.

You can read about our services on our site and when you reach out, we would be happy to talk about your needs in more detail.