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The average rent on new tenancies signed in January was 2.5 per cent higher than in December 2014 according to HomeLet.

It says nine out of 12 regions in the UK have seen prices rise, with only the north east of England, Northern Ireland and the West Midlands seeing a decline in rents.

The figures come after falls in the later part of last year. The average rent in the UK is now £889, compared to £867 at the end of 2014, and £799 in January 2014.

The figures show the highest growth occurring in the East Midlands, Scotland and East Anglia with rents rising 6.2 per cent, 5.7 per cent and 5.0 per cent respectively.

HomeLet claims the average UK rent has actually increased 11.2 per cent in a year - although if Greater London is taken out of the equation, that figure drops to 5.0 per cent.

A roughly similar figure has come from Sequence, which says UK average monthly rents excluding London rose 5.0 per cent over the past year to reach £702. However, it says rents remained roughly flat in January.

Sequence claims demand for rental properties across the country is up 11 per cent annually while supply has dipped 13 per cent over the same period.

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