Rent in­crease rate re­mains con­sis­tent

Yorkshire Post - Property - - PROPERTY -

FIG­URES re­leased by the web­site Easy­room­, which analy­ses data from over 30,000 of its users from across the UK, shows that the na­tional rental av­er­age has risen and re­mained con­sis­tent for the sec­ond con­sec­u­tive month.

In May, the av­er­age flat­shar­ing rental ask­ing price rose from £368 to £375, demon­strat­ing a 2 per cent rise in rents so far this year. The in­crease which ini­tially oc­curred in April has con­tin­ued through to May re­sult­ing in the first con­sis­tent in­crease in rental ask­ing prices since De­cem­ber 2011.

Jonathan Moore, di­rec­tor of Easy­room­, says: “Rents tend to re­main con­sis­tent at the be­gin­ning of the year, as ten­ants do not tend to re­lo­cate dur­ing this pe­riod.”

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