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Plymouth has been named as Britain's most affordable city in which to rent a home. The average rents there took up just over a quarter of a tenant’s take-home income. At the other end of the scale, Londoners saw almost half of their incomes swallowed up by rent. Across the UK, tenants enjoyed a drop in their monthly bills in October as rents fell more than they have in any month for the last four years. The average rent plummeted £40 from £918 to £878 from September to October, the biggest month-on-month fall since January 2010, according to new data from Homelet, the industry body for the private rented sector. Read more on the Daily Telegraph website.
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