Private sector rents have lifted to a new all-time
average high of £761 a month as the peak season for tenants snapping up new
homes gets under way, a major lettings network has reported. Rents saw a 2.4%
increase in the 12 months to August across England and Wales, meaning they have
edged £3 higher than a previous record set in October 2013 of £758 a month on
average, according to LSL Property Services, which owns chains Your Move and
Reeds Rains. The state of tenants' finances worsened as rents reached their new
record levels. Read more on the Daily Mail website.
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