In the latest Rightmove quarterly update on the rental market – data shows that rents on average have hit record highs nationwide.
The report can be viewed at this Link
It is a mark of the continuing chronic under supply of rental homes that has existed for decades despite there being a greater supply in the market over recent months. As further legislation has reduced appetite from landlords to invest in property, the demand for real homes from tenants has not decreased which has led to the rent price increasing further.
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