Private rents near all-time high

AOL Money Staff
To let signs
To let signs

Private rents have reached their second highest levels since 2008 as activity returns to the sector, a major lettings network has reported.

At £743 on average, monthly rents in August were just £1 less than an all-time high recorded in October 2012, according to LSL Property Services, which owns chains Your Move and Reeds Rains.