Tenants 'haggling' as rents fall |
The cost of renting a home has continued to fall as UK householders let out their homes in a bid to beat the recession. Two surveys suggest that there has been a surge in properties available to rent, pushing down costs for tenants. Tenants, aware of the falling prices, have started to haggle. Supply levels vary across the various regions of the UK, research from property websites Globrix and Findaproperty.com found. But some debate surrounds which type of properties witnessed the biggest rent demand falls. Both surveys draw on listings placed by estate agents on the websites.
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