Rental costs up £3,240 a year on average since end of pandemic

Renting is 27% more expensive than three years ago (Yui Mok/PA) - (PA Wire)

The average cost of renting a newly let property has risen by £3,240 per year since the end of the string of Covid-19 lockdowns, according to new research.

Renters now face an average annual cost of £15,240, home search portal Zoopla said, up about £270 per month since the end of the pandemic.