Rents outside London soaring at fastest rate on record, agencies say

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Rupert Jones

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Research shows rents are down in London as many tenants leave the capital for a new life in the suburbs

Private rents outside London are rising at their fastest rate for 13 years, research suggests, as tenants making plans for life post-pandemic compete for properties.

The property website Zoopla said average rents across the UK outside the capital rose by 5% over the 12 months to the end of July – adding more than £450 to a typical annual rent bill – the biggest increase since its index began in 2008.

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