Georgie Frost from The Times' Money Mentor discusses the difficult situation facing people as rental costs rise to record levels.
Private home rents in England have increased to their highest point on record after shortages in supply and mortgage rates rising.
According to Rightmove, the average rent for new properties being put on the market now stands at a record £1,278 per calendar month outside London in the July to September period.
Georgie says: "A third of people in this country are spending over half of their income on rent."
#georgiefrost #property #jeremykyle #nicolathorp #talktv
Click here for more from TalkTV https://talk.tv
If you need any help visit: https://talk.tv/helplines
Private home rents in England have increased to their highest point on record after shortages in supply and mortgage rates rising.
According to Rightmove, the average rent for new properties being put on the market now stands at a record £1,278 per calendar month outside London in the July to September period.
Georgie says: "A third of people in this country are spending over half of their income on rent."
#georgiefrost #property #jeremykyle #nicolathorp #talktv
Click here for more from TalkTV https://talk.tv
If you need any help visit: https://talk.tv/helplines
