The average advertised rent in Great Britain increased by £62 (6.56%) in July 2014 compared to the same time last year, reaching £1,029 per month, according to Move with Us.

National rents surpassed the £1,000 per month mark in June 2014, and since then they have continued to climb steadily, rising by an average of £11 last month.

Contributing to the sustained national growth is the average rent in Greater London which stood at £2,376 per month in July and showed no signs of abating having increased consistently for the last 12 months. On average, renting a property in the capital is now £43 more expensive that it was at the beginning of July and £223 (10.11%) per month more expensive than July 2013.

These improving markets conditions are not limited to the capital with the average property now £90 per month more expensive to rent in the South East and £60 more in Scotland.

Robin King, director at Move with Us, said: “Typically if the sales market improves, the rental market falters and vice versa. However, any fears that the rental market would decline as the sales market sprang back to life have now been allayed. The rental market has continued to grow alongside the sales market. It’s as strong as it’s ever been.”