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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Private rents in Britain rise at fastest rate on record

Luxury rental apartments near to the train station in Reading, Berkshire.
Luxury rental apartments near to the train station in Reading, Berkshire. Photograph: Geoffrey Swaine/Rex/Shutterstock

Private rents in Britain are rising at their fastest rate on record, piling more pressure on households feeling the strain of the cost of living crisis.

The average advertised rent outside London is 9.9% higher than a year ago as tenants making plans for a post-pandemic life jostle for properties, according to the website Rightmove.

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