'The pace of rental growth nationally has likely bottomed out' - Hamptons

London's average monthly rent bill has risen by 3% in the last 12 months, while Northern regions have seen three-times that growth.

May was the third consecutive month to see annual rental growth of around 6%.

Estate agency expects the number of renters moving home this year will be around 17% below the pre-pandemic average, as rental prices for newly-let properties have escalated far faster than for tenancy…