Cost of renting jumps at record, adding more pressure to cost of living crisis

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Cost of renting jumps at record, adding more pressure to cost of living crisis
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Swansea and Manchester up more than 19%, with average rise outside London in double digits for first time

A block of flats in Swansea, which Rightmore said topped the table of the biggest increases in typical asking rents, with 19.7%.A block of flats in Swansea, which Rightmore said topped the table of the biggest increases in typical asking rents, with 19.7%.Private rents in Britain are rising at a record rate, research has found, jumping 14% in a year in London and by more than 19% in hotspots such as Manchester, piling yet more pressure on already strained household budgets.

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