Rents in UK will rise for next five years, experts predict

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Rics says falling supply of rental properties and increased demand will lead to 15% rise

UK rents are expected to climb by 15% over the next five years, as the supply of rental accommodation dwindles while demand from tenants continues to go up, according to a survey.

Rents are expected to increase by nearly 2% across the UK over the next 12 months, according to the latest survey from the Royal Institution of Chartered Surveyors (Rics).

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