Signs of resistance to rent rises?
Once the Stamp Duty holiday expires at the end of March it will be a true reflection then if rents are really beginning to level out.
Rental prices are still rising, but at a slower rate, as some tenants began to resist the upward impetus.
Rental prices continued to increase across the UK, albeit at the slowest pace in two years, in the three months to January, the Royal Institution of Chartered Surveyors has reported.
The RICS says that the market may be beginning to level out, with prospective tenants less willing to pay rising rents.
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