Tenants faced the fastest rise in monthly rent bills
since 2011 last year, according to a report by estate agents which found
arrears were also on the increase. A monthly index compiled by Your Move and
Reeds Rains suggested that despite a dip in December, rents grew by 3.4% during
the year - rising £27 on December 2014 to an average £794 per month. It showed
that at the same time, the percentage of all unpaid rent had risen to 9.3% of
the total due - up from 8.2% in November - as Christmas loomed. That is despite
the official rate of inflation - which excludes housing costs - running around
zero for much of the year. Read more on Sky News.
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