Fewer rental properties in the East of England sees an increase in rents

Increase in rents in the East of England due to less properties being available

Fewer rental properties in the East of England sees an increase in rents

According to Countrywide, rents in the capital ended the month 2.1 per cent up on last year as the number of properties available on the market to rent fell sharply. Meanwhile across Britain the rate of rental growth doubled from 1.1 per cent in June to 2.2 per cent in July.

Three of the regions in England where rents rose fastest were the South West, East of England and Greater London.

Across Great Britain, the number of homes to rent grew four per cent year-on-year  but the rate of growth slowed in each of the last 10 months.

In London, the East of England and the South East there were fewer homes on the market than in July 2016.

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