{"id":2373,"date":"2015-10-23T10:30:10","date_gmt":"2015-10-23T10:30:10","guid":{"rendered":"https:\/\/dev.withcreative.co.uk\/lforl\/?p=2373"},"modified":"2016-09-20T16:12:54","modified_gmt":"2016-09-20T16:12:54","slug":"private-rental-sector-rental-prices-continue-to-rise","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/private-rental-sector-rental-prices-continue-to-rise\/","title":{"rendered":"Private Rental Sector Rental Prices Continue To Rise"},"content":{"rendered":"
\"Private<\/a>

Private Rental Sector Rental Prices Continue To Rise<\/p><\/div>\n

UK Private Rental Sector Rental Prices
\nStill Growing Albeit At A Slower Pace<\/span><\/h2>\n

Private rental sector (PRS) monthly rental prices have continued to increase across the UK, although price rises have slowed significantly, reaching a new high of \u00a3995 (GBP) per month during September, according to new research.<\/p>\n

The latest HomeLet Rental Index found that PRS rental prices have slowed to less than double figures, matching the pace of property value increases in the UK, after a nine month period of sustained rapid growth. The research estimated that the annual increase of PRS rents across the UK averaged 8.5% in September 2015.<\/p>\n

PRS landlords are taking positive action to ensure that they can guarantee their rental income despite the rising costs of operating their rental property business by using Rent Protection insurance<\/a>, which ensures continued rental income even if their tenants suddenly experience a change in circumstance and can no longer meet rent payments. In a rising market, such insurance has been a vital tool to help cashflow.<\/p>\n

Two thirds of all UK regions are still recording annual rental price growth due to continued strong tenant demand and an under supply of available rental property.<\/p>\n

The largest annual rental price increases have been recorded in the following UK regions:<\/p>\n