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Friday, September 30, 2011

Tenants struggle with rent rises

More tenants are struggling with their finances because of rising rents according to research from the Money Advice Trust.

They say they have recorded an 84 percent increase in telephone calls regarding rent arrears.

A spokesman said: "Many first time buyers cannot get a mortgage so demand for rented property have risen. But with landlords pushing up rents this has left some people struggling to meet bills, particularly as this has coincided with a rise in inflation, particularly of food and fuel costs."

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