Average rents for properties across Britain have hit a new record high, according to data from a property website showing a record £2,500 per month in London.
Rightmove said the average rent being asked outside the capital topped £1,190 per month for the first time during the first three months of the year.
#UK #housing #rent https://news.sky.com/story/average-uk-rents-hit-record-with-2-500-in-london-amid-property-shortage-12867563
Rightmove said the average rent being asked outside the capital topped £1,190 per month for the first time during the first three months of the year.
#UK #housing #rent https://news.sky.com/story/average-uk-rents-hit-record-with-2-500-in-london-amid-property-shortage-12867563
Sky News
Average UK rents hit record with £2,500 in London amid property shortage
A report by Rightmove gives some hope of an easing ahead as higher mortgage rates alongside the cost of living crisis all combine to squeeze affordability.