Monthly rates in the south-west have gone up by almost £100 over the past yearThe average cost of renting a domestic in the UK is heading towards £1000 a month,figures showed on Monday, with rents in the south-west of England rising faster than anywhere else in the country.
The latest data from buy-to-let insurer and reference provider HomeLet showed that the average monthly rent on current tenancies signed between May and July was £977. This was more than £100 higher than the same period of 2014, and when the average UK rent stood at £874.
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Source: theguardian.com