UK rents post full year decline for the first time on record – Hamptons

Hamptons has used this month's rental index to analyse the effects of policy interventions on pricing - concluding that 'rent controls rarely work as intended.'

'Increased stock levels and resilient budgets suggest a more balanced market is emerging,' says Foxtons.

Rental prices have risen at about the same pace as package holiday costs over the last five years, reports national letting agency.