Rent in North Somerset rises 8% in past year

Rent in North Somerset rises 8% in past year

Rent in North Somerset rose 8% over the past year, new figures show.

Rental market: tenants save money by staying put for longer

While demand in the UK rental market has eased from the frenetic post-pandemic period, competition remains high – and many tenants are choosing stability over entering the rat race. For almost two years – or 20 consecutive months – annual rental growth on renewals has increased at a faster pace than for new lets, according to the latest Lettings Index from Hamptons. The tenants that do stay longer in their rental homes – which constitutes the on…