Rents are rising at the fastest rate for five years
The amount of rent paid to landlords rose by two per cent in the 12 months up to January, according to Office for National Statistics figures. That’s the largest annual growth rate since February 2017.
Rents are rising at ‘the fastest rate on record’
Landlords are asking for almost 10 per cent more rent than a year ago, says Rightmove. And it’s set to rise further in 2022.