Annual rent rises halve over the last year

Updated
Housing stock
Housing stock

Annual rent rises have halved over the last year, according to a major lettings network, as more tenants have found it easier to make the jump onto the property ladder.

Private sector rents stood at £745 per month in December across England and Wales, marking a 1.5% year-on-year increase, according to LSL Property Services, which owns national chains Your Move and Reeds Rains.
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