UK governments need to urgently address the problem of 'desperately needed homes'
Annual rent increases accelerated to 5.3 per cent last month, the ONS said Rents in the UK increased by the highest amount on record last month, according to figures.
A third of all UK rental expenditure is in London, the ONS said. By contrast, house prices in London fell 0.6 per cent in June compared with the same month last year, the only region to register a fall. Aimee North, of the ONS, said: “There was another record annual increase for UK rents in the latest month.
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