New tenant applicants went up by 25% in the third quarter of this year, the Countrywide chain has reported.
It says that rents went up on all types of properties apart from three-bedroom homes, where they decreased by 0.5%.
Overall, rents across England, Scotland and Wales went up 2.7% on the previous quarter. Exceptions were central London and the South-East where they went down 3.3% and 1.5% respectively.
According to Countrywide, rent arrears went down, apart from in Scotland where they rose 4.2%. The greatest fall in rent arrears was in central London where they fell 2.1%.
Countrywide also said that a lack of new stock across London has seen tenants sign extended tenancies. The average tenancy length in Greater London is now 17 months.
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