Rents increased by 1.2% in the UK in the year to April 2019 – PropertyWire

nation. Given the expected inflation rate of +1.2%, this should equate to a turnover increase in real terms for brick-and-mortar retail. forecasted brick-and-mortar turnover growth in the EU-27 (excludes the UK) France also experienced a meaningful develop-ment at the beginning of the year. The tax system

most of the group, which includes house purchase costs, rents, water charges (increased in April 2019) and repairs and maintenance costs. The key upward drivers were rents and the increased cost of house purchase3. household services: costs rose by 3.6%, on average, over the year to June 2019, contributing +0.5 pp to the annual change of the RPI.

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Although the annual rate of growth is down slightly on April’s 2.6% figure, rent price rises in the UK were led by England, where rents rose by 2.6% over the 12 months to May. scotland experienced rent price growth of 0.4% over the year, while prices remained flat in Wales.

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Private rental prices paid by tenants in the UK increased by 1.3% in the 12 months to May 2019, up from 1.2% in April 2019. For example, a property that was rented for 500 per month in May 2018, which saw its rent increase by the average rate in the UK, would be rented for 506.50 in May 2019.

 · The annual Social Security cost-of-living adjustment for 2019 could top 3% in 2019, which would be the largest increase in seven years, according to.

April 2019 Housing Affordability Index April 2019 Housing Affordability Index . Nationally, housing affordability is down slightly from last month but up from a year ago. Mortgage rates were down from last month and a year ago.June 14, 2019By: Michael Hyman. Housing affordability increased from a year ago in April, moving the index up 3.4 percent from 147.3 to 152.3.

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Rents in London increased by 0.9% year on year to an average of 1,611 a month, some 71.2% higher than the UK average, the data also shows. The average duration of tenancy for rented properties in June 2019 was 30.7 months, down from 32.1 for the same month last year.

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