Tenants expect rent rises

Rightmove latest survey found that that nearly half (49%) of current tenants expect average rents will be higher in 12 months time.

Miles Shipside, director of Rightmove, comments: “Further rent rises appear to be looming for many, putting additional upwards pressure on the cost of living for tenants in these inflationary times. With such fierce competition for a dwindling stock of properties, those tenants that can play the trump cards of offering the highest rent and quality references will be best-placed to win the hand and secure the keys to the home they want.”

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