Rents reach record high in UK for third month in a row
Association of Residential Letting Agents | September 02, 2019
Rents in the UK’s private rented sector increased to a record high in July for a third consecutive month, the latest figures from letting agents shows. ARLA Propertymark’s July Private Rented Sector (PRS) report shows that rent prices rose to a new record high for the third consecutive month. The number of tenants facing rent rises increased to the highest figure on record with 63% of agents seeing landlords increasing them. This is a 15% increase from June, which was a previous record high.