News - Housing market
Mortgage Solutions | 17 Feb 2012 | 12:08
Labour's shadow housing minister Jack Dromey accused David Cameron and Grant Shapps of telling the House of Commons private rents in the UK have been falling.
"Now we know that is not the truth," said Dromey.
Figures out today from LSL Property Services show that rents in the private rented sector rose in January for the first time since they began compiling their survey and annually by 4.3%.
"The stark figures expose the truth; rents are rising almost everywhere. David Cameron and Grant Shapps are simply out of touch with the everyday lives of millions of people who hand over rent each month," he said.
Dromey confirmed he wrote to the Prime Minister over a month ago asking him to correct the record and said his silence has been deafening.
"I have now written a second time, asking him to correct the record and acknowledge that families up and down the country are struggling to pay rising rents. I will also be raising this matter in Parliament."
The government has yet to offer comment.
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Recent comments
I preside over 500 privately let properties in the North Of England and can tell you that rents are falling. More people are attempting to let their property due to stagnant sales ,therefore increased supply, causing rents to be more competitive. Simple supply and demand economics. Cameron is correct.
steve
17 Feb 2012 | 12:44
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