CAMPAIGNERS intensified demands for limits on rent hikes after damning new research found that rents are soaring at triple the rate of inflation.
New figures from the Office for National Statistics have shown that the average rent in Britain has increased by 7.7 per cent to £1,332 in the last 12 months to March.
The increase is three times more than the current level of Consumer Price Index inflation, which measures how much the overall price of everyday goods and services has increased.
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‘Rent freezes are not a way forward at the moment,’ Housing Secretary Angela Rayner says