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Tenants 'expect further rent hikes'

Around 42% of people living in rented accommodation are bracing themselves for further rent hikes, with 11% of people expecting increases of 10% or more, according to property website Rightmove.co.uk.

People's expectations of further rent rises come despite the fact that recent research by LSL Property Services showed that the cost of letting a home has already hit a record high, while Rightmove said some agents had reported hikes of 10% during the past year. Read More:

 

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