Pace of rising rental costs at nine-year high, figures show

Quick Summary:

Estate agent Hamptons says the cost has risen more in the last year than it did in the four years to 2019.

A typical monthly rent of a newly-let property is now £1,304, it said.

The rise in the past 12 months was more than the increase seen over the four years to 2019, Hamptons said.

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Article Details

Category: Business

Markets: United KingdomUkraine

Topics: Year Rents Landlords Renting Rising Hamptons Rental Rent Cost Tenants

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-09-17 @ 23:01:32 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: bbc.co.uk

Language: English

Article Length: 353 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © BBC Business

News ID: 14607562

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