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Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.
A huge mismatch in the private rented sector has left tenants tackling ever-rising living costs and plummeting affordability levels.
Tenants are now facing bigger rent rises when they renew their contract than when they move into a new rental home.
The rate at which rents have been rising has increased across the UK to record levels, official figures reveal today.
A leading figure in the property world has pinned the blame for the UK’s rocketing rent rises on the Government, claiming that it’s absurd to accuse landlords and letting agents of profiteering from huge demand.