Rents have rocketed by 18 per cent in the south west since the pandemic struck, new data reveals. That's as high as any other UK region.
The average rent in the south west is now £1,202 per month, according to the New Statesman, citing Rightmove data. Only London, the east of England, and the south east of England had higher average rents.
However, it's the increase where renters in our region will be feeling the pinch. An 18 per cent rise is the same as Wales and the north west, and more than every other part of the UK.