Wednesday, March 21, 2012

London rents '50% higher than national average'

Survey 3000

national letting agents show rents rose 0.4% in June, but 0.54% equity

London

income tenants pay 50% more than the national average, according HomeLet Rental Index.

The survey, which collects data from 3,000 estate agents across the UK, revealed that the average income edged up 0.4% in June to 750 pounds, but rents London rose 0.54% to the average £ 1125 registration. Sales in London rose by 12% at the end of June

Vince

Demilio, Field Sales Manager in London, said: "Already in 2009, rents in London are only 38% above the national average, compared to 50% difference we saw in July. This is something that can be expected to continue in the near future with the city hosting the Olympic Games next year. "

Year after year, most of the UK saw an increase in rents -. The area just to see a fall in rents was agreed the East Midlands

However, while the average income of tenants also increased by 3.7% during the year fell slightly in June from £ 27,373 to £ 27,494 in May. The average income in Greater London is £ 38.299 - 40% higher than the national average


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