Housing charity slams 'devastating' rent rises

Shelter has described the latest figures on rent prices as "devastating news" for renters.

As more people are priced out of home ownership and waiting lists grow longer, too many families are being left trapped in the unstable and expensive private rental market.

Every day Shelter hears from people who are having to cut back on essentials as they struggle to pay their rent each month. With wages flat-lining, the fact that rents have reached record highs means that even more people will find it harder and harder to make ends meet.

We need the Government to fix our rental market to provide more security and get on with building many more genuinely affordable homes.

– Roger Harding, Shelter's director of campaigns, policy and communications

Read: Private rents soar to record high

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Private rents'soar to record high'

Private rents across England and Wales soared to a record high of £757 a month on average in September, according to research by lettings network LSL Property Services.