Tag: Landbay’s Rental Index
Landbay’s Rental Index, powered by MIAC, showed hotspots for rental growth over the last 12 months include Edinburgh City (5.97%), Nottingham (4.28%), and Blaenau Gwent (3.76%).
Renters in the UK excluding London, earning a typical monthly salary of £2,317 before tax are paying out £769 a month for the average rental property in the UK.
Graduates moving to London for their first job after university face spending upwards of 46% of their take home pay on rental payments, Landbay’s Rental…
Rents in London rose by 0.10% in the 12 months to June 2018, the first annual rental increase for the capital in 18 months, Landbay’s Rental Index has found.
Rental payments account for over half (52%) of the average disposable income of £1,4711 for people living and working outside the capital, Landbay’s Rental Index found.
The average cost of renting a home is now rising across every UK region for the first time in almost two years, with London showing rental growth for the first time since May 2016.
Commuters in almost half of London’s most popular commuter towns face a greater overall financial burden from growing rents than from train fares. Landbay’s Rental…