Property Ladder: Fears over rise in rents
A rental bubble is growing as demand has doubled for suitable property, according to new research.
Meanwhile, a drop in supply has sparked fears among tenants of rent rises, so says a study by rightmove.co.uk.
There is now more than twice as much demand for 12% fewer properties, when compared with April 2009, it has been claimed.
And one in six tenants expect their rent to rise by more than 10%, says the study. The low stock is inflating the rental bubble.