UK rents fall for first time in a decade

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Yorkshire records biggest percentage decline but signs emerge rents are rising again

Rents across Britain fell in 2018 for the first time in a decade, offering relief for tenants after years of inflation-busting rises.

Figures from the Deposit Protection Scheme – a government-backed group that supervises tenancy deposits – showed the average rent fell by £9 (1.17%) from £774 in 2017 to £765.

Related: UK pay growth surges as employment hits record high

Related: Could renting without huge deposits become the norm?

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view The Guardian: Money
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