Monthly rents are now 13 times 1988 level, says Generation Rent – Mortgage Strategy
The average monthly rent in England is £1,442, 13 times what it was in 1988, according to analysis from Generation Rent. The campaign group today published its ‘cost of renting receipt’, which shows the increase in the cost of private rents since the 1988 Housing Act. This analysis found that, if the price of everyday…