Rise due to shortage of properties has been worsened by soaring interest rates, Savills findsAverage private rents in Great Britain have soared by more than a quarter since the start of the Covid pandemic and will keep rising, according to an analysis.The typical private rent will end this year 9.5% higher than in December 2022 and then rise a further 6% in 2024 before hitting an “affordability ceiling”, according to the estate and lettings agent Savills. Continue reading…
Source : theguardian.com
Read more…Average rent in Great Britain up by more than a quarter since start of Covid
