While inflation has come down to 3.2%, private rents definitely have not. @jrf_uk analysis this morning shows that across GB, rents increased by an average of £104 a month (9.1%) over the last year, & in London by £207 per month (11.2%). The cost of living crisis is not over.
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These huge rent rises come as progress has become uncertain on the renters reform bill - meaning private renters are facing HUGE rent increases, with no added certainty about keeping a roof over their heads.
@r_earwaker @jrf_uk This is due to high interest rates so making mortgages more expensive for longer will not help inflation on private renting.