British rents skyrocketing ...News

Russia Today - Economy
British rents skyrocketing
source : Russia Today ( News ) () 36
Prices have experienced their sharpest increase since 2016 in July, official data shows Private rental prices paid by tenants in the UK have jumped by 5.3% in the 12 months leading up to July, marking the largest annual percentage change since records began in 2016, data from the Office for National Statistics (ONS) has shown. The figure was up from 5.2% in the previous month, with costs consistently increasing over the past two years. According to the ONS, annual private rental prices surged by 5.2% in England, 6.5% in Wales, and 5.7% in Scotland. Within England, the highest annual percentage change in private re

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