The latest Association of Residential Letting Agents shows a shortage of available properties and rising tenant demand has pushed rents up for the fourth consecutive quarter. Financial Times


The survey, published yesterday, found that on balance more of its members reported an increase in achievable rent levels in May than a fall.

More than two-thirds of prime central London agents reported rents rises, compared with about half of those in the rest of the south-east and about a third of those outside the region.