Private rents in Great Britain hit record high, data shows

Private rents in Great Britain hit record high, data shows

Renting property, Money, Property, Consumer affairs, Construction industry, Business, UK news, Housing, Society, Politics, Real estate Business | The Guardian

​Rightmove calls on new government to prioritise sector as rents outside London climb 7% in a yearAverage private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties.Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month – almost three times the £894 asked for in north-east England. Continue reading… 

Rightmove calls on new government to prioritise sector as rents outside London climb 7% in a year

Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties.

Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month – almost three times the £894 asked for in north-east England.

Continue reading… 

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