© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Supply shortages and mortgage rate rises push UK rents to highest point ever

Average rental property receives three times more enquiries from prospective tenants than in 2019

  • Business live – latest updates

Private home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage rate rises combined to push the cost up by 10% over the past 12 months.

The average rent for new properties being put on the market now stands at a record £1,278 per calendar month outside London in the July to September period, according to Rightmove.

Continue reading…

Related posts

Sturgeon exit could help Scottish Labour regain ground, say senior figures

AEA3

More than 160m women unable to get contraception they need, study finds

AEA3

No vision, no charisma, no real plan: Labour has nothing to fear from Liz Truss | Polly Toynbee

AEA3

Pin It on Pinterest

Share This