Rents Have Risen By 8% over the Last Year

The number of new rental properties coming onto the market is up by six per cent over the last 12 months, says a new report. Figures from Sequence, whose network includes Barnard Marcus, William H Brown and Fox & Sons, also indicates that national monthly rents rose eight per cent between December 2012 and December 2013 to £763, in spite of a drop of two per cent compared to November. The number of new tenancies agreed also increased over the last year, by 13 per cent. Read more on the Independent website.