Saturday, 25 November 2017

Politicians eye rents

LONDON has become one of the most expensive cities in the world to rent a home

LONDON has become one of the most expensive cities in the world to rent a home — prompting politicians to call for New York-style rent controls on landlords.

Average rents in the UK reached £937 per month in July — up 4.6 per cent on the year before, with central London seeing the biggest increase in the cost of newly rented properties at 6.9 per cent, according to research by property services company Countrywide.



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