Whilst rent in the private housing sector reached another new high last month, the South West has bucked the trend, with rates dropping by 1.5% annually.
Demand for rental homes has rocketed in the last year as people struggle to get on the property ladder because they cannot raise a deposit or meet lenders' toughened borrowing criteria.
Although rents increased by 3.2% nationally to an average of £741pcm, rates in the South West fell to an average of £638.
The findings come a day after the Money Advice Trust announced that a record 12,000 tenants were struggling with arrears had contacted its national debtline this year - the biggest number in its 26-year history.
More than a million pounds is being invested to safeguard jobs at a tea company based in Dorset.Read the full story ›
The port at Charlestown has been put up for sale. But what is the price tag?Read the full story ›
A historic Cornish harbour has gone on sale for £4.4m. The port at Charlestown has been in private ownership for nearly 20 years and is now being sold by its owner Robin Davies.
Mr Davies, 69, has placed the 3.5 acre plot of land and water up for sale which includes his many businesses.
It's been a good day for team GB on the water off Weymouth and Portland today [Thursday] but some businesses there say the Olympics haven't given them the boost they'd hoped for.
This time last year one hotel was advertising rooms for between £163 and £300.Today, it's only charging half that. Rachel Hepworth reports.
Saltash town centre is hoping to make its High Street the most occupied in the Duchy without the help of 'Queen of the Shops', Mary Portas.Read the full story ›
A town in north Devon has been named as the UK’s first 'courteous town'. More than a hundred businesses in Ilfracombe took part in a new programme that recognises traders for their politeness.
The town’s success means the pilot could be rolled out to other areas keen to take part. Ann Widdecombe presented the Ilfracombe’s mayor with an award from the National Campaign for Courtesy recognising the town’s achievement.
The Queen's Diamond Jubilee celebrations are just a few days away now, and as well as being a chance for a right royal knees up, it also represents a great opportunity for local businesses to get in on the act.
Cordelia Lynch went to meet three firms in the West Country doing exactly that.