A warning has been issued to people who rent homes in the UK as the average rent for a new letting has jumped by £117 per month since last year, according to a property website.
This has pushed the typical rent to £1,078 per month, Zoopla said. The website said this equates to 35% of the average income of a single earner - the highest level in more than a decade.
The report said there has been a modest increase in rental supply in recent weeks, as the house sales market has weakened.
