Average UK rents jump 9.9% in a year, adding to cost-of-living squeeze

PA Wire

Average asking rents have increased at the fastest rate on record, new data shows. The average rental posted on Rightmove outside London is now £1,068 – 9.9 per cent higher than this time last year.

Rent rises are outpacing house price growth in all but three regions - East Midlands, South West & South East - Rightmove said.