Rental gap between northern and southern England decreases to 11-year low.
The rental gap between northern and southern England has decreased to its smallest size in over 11 years, as reported by Hamptons. In August, average rents in the north reached £960, up 9.6% from last year, while the south averaged £1,317, reflecting a 5% rise. The £357 difference is attributed to rising affordability pressures in the south, leading landlords to moderate rent hikes in high-cost areas.
September 15, 2024
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