Renting 'cheaper in real terms'

Updated
PA
PA

%VIRTUAL-SkimlinksPromo%Private sector rents have been getting cheaper in real terms throughout the last year as stability returns to the market, a major lettings network has reported.

A 0.6% month-on month increase in average rents took the typical amount paid by tenants across England and Wales to £745 a month in May, accelerating from no monthly change in April, according to LSL Property Sevices, which owns national chains Your Move and Reeds Rains.

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