According to 2012-13 English Housing Survey ‘Households Report’ the amount of tenants in the private rented sector (PRS) satisfied with their lodgings has grown by 1% as 84% of PRS tenants now say they are either very or fairly satisfied with their homes.
The RLA drew attention to the report’s revelation that PRS rents have been “falling in real terms”. As between 2008 and 2013, average weekly rents in the PRS increased by £10 from £153 to £163 – an increase of 7%, which remains significantly below both measurements of inflation (RPI & CPI), the RLA says.
Chris Town (vice Chairman of RLA) said: “Again, these figures show that contrary to popular myth, average private sector rents are increasing by below inflation”.
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