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Good news for landlords RENTS RISING
Rents are still rising in the year to February, according to the ONS:
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/feb2017
1. Main points
- Private rental prices paid by tenants in Great Britain rose by 2.1% in the 12 months to February 2017; this is down from 2.2% in January 2017.
- In England, private rental prices grew by 2.3%, Wales saw growth of 0.5% while Scotland saw zero growth in the 12 months to February 2017.
- London private rental prices grew by 1.9% in the 12 months to February 2017, which is 0.2 percentage points below the Great Britain 12-month growth rate.
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