Tenant referencing platform HomeLet reports a 400% increase in cases of tenant applicants falsifying documents.

Goodlord boss William Reeve says the latest rent increases are a sign that ‘the market isn’t cooling down anytime soon’.

Goodlord Rental Index reveals rents across 2023 are up by 9% compared to 2022 and year-on-year averages for December are up by 7%.

Goodlord boss William Reeve says average October rents on new tenancies reverted back to levels last seen in May and June 2023 at £1,189.

Renters in the capital are now paying 6% month-on-month more and the first time the Index has recorded an average cost above the £2,200 threshold.

Goodlord boss William Reeve says year-on-year averages are increasing with the £1,300 per month barrier now broken for a second month in a row.