The average rent paid by tenants in Britain increased by
2% in 2013 to £854 a month, according to property firm Countrywide. Tenants have been squeezed by rising prices
as those unable to access mortgages or raise the sums needed to buy a property
have found themselves trapped in rented housing for longer, driving up demand
for homes. It said the increase in rents was broadly in line with the 1.9% rise
in the median full-time incomes reported by the Office for National Statistics.
Read more on the Guardian website.
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