Landlords opt for rent rises as tenant demand grows
Growing demand for rental property among British tenants is driving many landlords to implement rent rises, according to figures from the Royal Institution of Chartered Surveyors (RICS).
In its April 2011 UK Residential Lettings Survey, published today, the organisation reports a net balance of 42 per cent of surveyors who saw rents rise in the quarter up to and including the month of the report.
This is a barometer-style figure, calculated by subtracting the percentage who saw a fall from the proportion ....
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