Asking rents on houses fell 2.9% in January following a 2% decline in December. Demand for rented houses appears to be on the wane. The latest rental index from Findaproperty.com shows rents asked for by landlords fell 2.9% in January following a 2% decline in December.

Flat rental values, however, were more stable, increasing 0.4% in January. The average flat rent is now £752 a month, 2.2% lower than the £769 being achieved a year ago.