Renters squeezed as prices hit new high
Rents reach £761, with one in 13 people unable to pay on time
Thousands of people have seen their paycheques stretched even further after rents increased to an unprecedented high in the last year, new figures revealed today.
Private-sector rents have reached an average high of £761 a month across England and Wales — a 2.4 per cent increase on 2013.
The raises are contributing to worsening problems for tenants — with one in every 13 people now unable to pay their rents on time or at all.
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