November 26, 2024

Rents Surge with Annual Increases of Up to 10.4%, ONS Reports

Rents Surge with Annual Increases of Up to 10.4%, ONS Reports

Currently, rental growth is outpacing long-term projections, with rents rising by 8.7% in the year to October, according to the ONS. London saw the largest spike, with a 10.4% increase over the same period.