Record high asking rents recorded in August – Rightmove

Average advertised rents were 3% higher in August than a year earlier, Rightmove said (Anthony Devlin/PA) - (PA Archive)

The average rent being advertised across Britain hit a record high of £1,577 per month in August, according to a property website.

Average advertised rents were 3% higher than a year earlier, with a constrained supply of homes contributing to rising rents, Rightmove said.