UK Housing Minister Brandon Lewis said: "These figures from LSL
are misleading, as they are only based on new, rather than existing, rental contracts.
35) called for a re-examination of the rationale, application, and accessibility of LSL
added that tenants' financial position has been better in May, with rent arrears declining to [pounds sterling]276m ($427m/E324m) in May from [pounds sterling]282m in April.
David Newnes, estate agency managing director of LSL
Property Services, said: "It's not just a regional phenomenon, localised to London and the South East - rents are rising across the board.
David Newnes, an LSL
director, said that as well as putting pressure on people renting and trying to save for deposits to buy a house, it also means the deposit on rental homes is becoming a serious hurdle.
has stipulations for severance payments and advance notice for firing, and prohibits firing at will.
uk or by post to: Kate Knipe, Head of HR, Reeds Rains & LSLi, LSL Property Services, Newcastle House, Albany Court, Newcastle Business Park, Newcastle upon Tyne, NE4 7YB
The Halifax estate agency is being sold to LSL
Property Services, owner of the Your Move, Reeds Rains and Intercounty property chains.
will take over Halifax's 218 branches, becoming the country's second-biggest estate agent with a 584-strong branch network.
While Lloyds shifted its loss-making Halifax estate agency business to LSL
Property Services (LSL
Property Services said it had begun discussions with Lloyds Banking Group "which may or may not" lead to the acquisition of the business.
is produced with the wood strands oriented in a parallel direction (ICC Evaluation Services 2002).