Rents on the up again – breaking records in three regions

Rents are now rising at the fastest rate for six months, standing last month at an average of £793 across England and Wales.

According to LSL firms Your Move and Reeds Rains, average rents are 2.4% higher than in April last year, equating to an extra £19 per month.

In three regions, the east midlands, west midlands and east of England, rents are at an all-time high.

A number of tenants are struggling to pay rent, with 9.1% of all rent due in arrears, compared with 7% in April last year.

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2 Comments

  1. Will

    What is expected when the Government keep bringing in extra work and responsibilities for landlords and fails in its duty to provide more homes for the migration it is not controlling.

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  2. smile please

    Just wait for interest rate increases, tenants will be weeping!

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