UK Home Rental Prices Jump at Sharpest Rate Since 2016

  • London rent growth is weakest among regions in Britain
  • High demand and low supply drives price growth upward
Terraced residential homes in Islington, London.Photographer: Jason Alden/Bloomberg
Lock
This article is for subscribers only.

UK home rental prices rose at the sharpest pace since 2016 in June, adding to a cost-of-living squeeze

Rents rose 3% from a year ago last month, stronger than the 2.8% growth in May, the Office for National Statistics said Wednesday.