News
Up and Up - rental growth picks up for the sixth month in a row
Tuesday 16th February 2021
Letting Agent Today
The rate of rental growth picked up for the sixth month running according to lettings agency Hamptons.
Across Great Britain rents rose 4.3 per cent last month, up from 4.1 per cent in December.
The South East topped the growth, recording a 10.0 per cent increase in rents over the last 12 months: this was the first time a region outside London recorded double-digit rental growth since Hamptons' records began in 2012.
This growth is driven by falling numbers of rental homes on the market, with 14 per cent fewer available than in January 2020.
With the exception of London, every region recorded double-digit falls in the number of rental homes on the market between January 2020 and last month.