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The number of tenants experiencing rent rises increased in January, with 26% of agents witnessing landlords increasing them compared to 18% in December, ARLA Propertymark has found.

This is the highest figure recorded since September, when 31% of tenants were experiencing rises and year-on-year the figure is up 7% from January last year.

David Cox, ARLA Propertymark chief executive, said: “This month’s results are another huge blow for tenants.

“With demand increasing by 46% from December, and rents starting to rise in response to all of the cost increases landlords have experienced over the last few years, tenants are in for a rough ride.

 

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