Rents are rising fastest in the north east and the south west amid high levels of tenant demand and a shortage of homes to rent.
Rents outside London are rising at their fastest pace for four-and-a-half years boosted by strong tenant demand as lockdown eases and offices reopen.
The average cost of renting a home in the UK outside London rose by 3% year-on-year in the first three months of 2021 to stand at £780 per month.
Meanwhile, in London, rents were down 9.4% compared with a year earlier.
The high levels of demand from tenants, combined with a shortage of rental homes, meant the average property took just 16 days to let, according to our latest Rental Market Report.
