Tuesday, 20 August 2013

Tenants 'See Smaller Rent Rises'

Millions of private tenants across the UK are experiencing smaller rent rises than normal, according to two separate surveys.  LSL Property Services, which owns two chains of estate agents, says average rents in England and Wales rose by just 1.8% over the past year.  That is well below the Consumer Prices Index (CPI) inflation rate of 2.8%.  Separately, property company Move With Us says that rents across Britain as a whole fell by 0.32% over the last year. Read more on the BBC website.

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