There has been no slowdown in the rental market after the Brexit vote, agents Your Move reported today.

Average rent in England and Wales reached £846 in July, an average rise of 5.2%, and the highest rent ever recorded by Your Move.

Worrying for tenants in the south-east, however, rents rose almost 15% in the 12 months to the end of August.

Your Move suggested the 14.9% rise reflected tenants moving out of London to escape high rents in the capital.

In London, the average rent is £1,273.

The firm said that its figures suggest that the UK’s decision to quit the EU has had “limited impact” on the rental market in England and Wales.