Rents reach record high

The average rent in England and Wales has reached a record £761 per month. This is £3 higher that the previous record set in October 2013. Seven out of ten regions in England and Wales have higher average rents than a year ago. The highest increase occurred in the South West where rents are up 3.5% on an annual basis.

Full story available in Mortgage Introducer: http://www.mortgageintroducer.com/mortgages/250674/238/Buy-to-let/Rents_rocket_to_reach_record_high.htm

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