High demand sees 15% of tenants paying above going rate to secure properties📈🏡

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High demand sees 15% of tenants paying above going rate to secure properties📈🏡

Average UK rents have increased for the sixth consecutive quarter, according to The Deposit Protection Service, whilst also producing evidence that some tenants are paying above the going rate to secure a property

The UK’s largest protector of deposits, which safeguards 1.8m rent securities, says that average rents now stand at £849 a month: a £15 (1.80%) increase on £834 in Q4 2021, and a £49 (6.13%) increase on £800 in Q1 2021. To continue reading, please Click Here

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