Thursday 9 June 2011

Rising rents price tenants out | Money | guardian.co.uk

Rising rents price tenants out | Money | guardian.co.uk

Growing numbers of tenants are finding themselves priced out of the market as strong demand and a shortage of supply continue to push up rents, research shows.

More surveyors reported that rents rose rather than fell in the three months to the end of April, according to the Royal Institution of Chartered Surveyors (Rics).

Although rents increased across the whole of the UK, London and the south-east continued to see the most notable rises. Surveyors said rents in some areas had risen so sharply that previously affordable homes were now out of reach for many people, leaving growing numbers .....

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  1. Growing numbers of tenants are finding themselves priced out of the market as strong demand and a shortage of supply continue to push up rents, research shows

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