Rents edged up 0.9% in the private rented sector in the 12 months leading up to September this year. England saw 0.9%, Wales saw 1%, and Scotland saw 0.6% increases over that period according to the Office of National Statistics (ONS).
ONS index report shows us that the increase in private rents paid by tenants has slowed since the beginning of 2016, and that this is mainly caused by a slowdown in London. While parts of the country saw much faster growth, London rents decreased by 0.2% over the same period.
In fact, when London is excluded from the figures, private rent in the rest of England increased by 1.6%.
Regionally speaking the largest annual rent increase occurred in the West Midlands with a 2.9% increase year on year, followed by the South West with 1.9%, then the East of England at 1.9%.
The lowest increase was in London with a fall of 0.2% followed by the North East with a modest rise of 0.2%.