New tenant demand has once again outpaced the supply of rental property in the three months to July, as many continued to turn to the lettings sector, new data from the Royal Institution of Chartered Surveyors (Rics) has shown.

As a result of this imbalance, rents continued to increase, although the Rics Residential Letting Survey indicated that the pace of growth moderated slightly, with 34 per cent more surveyors reporting a rise in rents rather than a fall, compared with 42 per cent in ...


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