Rental round-up: Demand for London cools

Hannah Nemeth

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For the fifth month running, private rental prices paid by tenants in Great Britain (excluding London) rose by 2.3% in the 12 months to December 2016, according to latest Office for National Statistics (ONS) data.

For the fifth month running, private rental prices paid by tenants in Great Britain (excluding London) rose by 2.3% in the 12 months to December 2016, according to latest Office for National Statistics (ONS) data.

This means that a property that was rented for £500 a month in December 2015 cost tenants £511.50 in December 2016.

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Source Moneywise http://ift.tt/2jQyQLt