Rent Costs Fall But Offer Little Reassurance For Tenants

The number of tenants experiencing rent rises fell by eight percentage points in October with 50 % of agents witnessing an increase in rent prices, down from 58% in September. According to the ARLA Propertymark PRS report for October, this is the lowest figure since June 2019, when the number of tenants experiencing rent rises was 55%. However, year-on-year, this figure is up from 24% in October 2018, and 22% in October 2017. Find the report on the ARLA website.

https://www.arla.co.uk/media/1048509/prs-report-october-2019.pdf