Home   News   Article

East of England rental costs are now rising faster than London's


By Ben Comber


Terraced houses in Cambridge
Terraced houses in Cambridge

The increase in rent prices in the East overtook the capital this summer.

Although Londoners are still paying more, the increase in private rental costs is now happening faster in the East of England, and even faster in the South East.

The figures came to light in the government's latest Index of private housing rental prices.

Under the current government landlords have the right to increase rental costs every six months.

The change occurred in June, when the cost to renters in the East jumped to a 3.1 per cent increase rate, as the London rate fell from 3.3 to 3.0 per cent.

The rental price increase for tenants in the South East overtook that of Londoners in May, and is now increasing at 3.5 per cent.



COMMENTS
()


Iliffe Media does not moderate comments. Please click here for our house rules.

People who post abusive comments about other users or those featured in articles will be banned.

Thank you. Your comment has been received and will appear on the site shortly.

 

Terms of Comments

We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules.

If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies - Learn More