The Association of Residential Lettings Agents (ARLA) figures show that UK rents have continued to rise over the past three months.
The increases are being driven by the slow down in the house sales market, as less people buy either due to affordability or uncertainty in the progress of the market, those potential buyers still need a roof over their heads.
This according to the ARLA is inevitable, as due to the housing market being so uncertain, people have no other choice but to rent for the foreseeable future.
Also the growth in immigration has seen demand for rentals jump, as an influx of foreign workers from Eastern Europe now accounts for roughly 20 per cent of the tenants of rental properties.
During the last three months the proportion of ARLA members reporting that the number of tenants to properties is at its third highest degree since they started quarterly records six years ago.
And with a shortage of private rented properties demand will continue to out strip supply for the immediate future.
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