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Home rental costs still rising
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Home rental costs still rising
he cost of renting a home in England and Wales hit another new high in October although the pace of rent rises slowed, a survey has suggested. LSL Property Services said that the "heat" had come out of the rental market as the quieter season for new tenants approached. It said typical rent stood at £744 a month in October, up 0.4% on September. Charity Shelter said that the increasing cost "piles on the pressure" for hard-pressed families. "This news is yet more proof that life is becoming more difficult for renters. In a week when inflation figures revealed a tighter squeeze on family budgets, every rent rise piles on the pressure," said Campbell Robb, chief executive of Shelter.....Read more here: BBC News - Home rental costs still rising, says LSLTags: None
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