Rents still on the increase – August 2011

"Private rents continue to be driven higher, according to the latest report from the Royal Institution of Chartered Surveyors (Rics).

Demand from tenants, many of whom have had their home-buying ambitions thwarted, is continuing to outstrip the supply of homes to rent.

Tenants on housing benefit made up 13% of all new lettings, the highest level since the survey started in 1999". 

Source: BBC