ONS: UK private rental prices rose 1.5% in the year to May | Mortgage Introducer

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Private rental prices grew by 1.5% in England, 1.2% in Wales and 0.6% in Scotland in the 12 months to May 2020.

In London, private rental prices rose by 1.2% over the same period.

Between January 2015 and May 2020, private rental prices in the UK increased by 9.2%.

Across the English regions, the largest annual increase was in the South West (2.5%, down from 2.6% in April 2020) and the East Midlands (2.5%, up from 2.4% in April 2020).

The lowest was in the North East, where rental prices increased by 0.8% over the year, followed by the North West, which increased by 1.0%.