Rents 'to increase by up to 4.5%'

Press Association
To let signs
To let signs

Some private rents are set to soar by up to 4.5% over the coming year, but most may start to level out, a survey of landlords has suggested.

Fierce competition from tenants who cannot get on the property ladder and weak lending levels to first-time buyers will keep some rents on their upward march, according to the survey from lettings network LSL Property Services, which owns chains Your Move and Reeds Rains.