A clampdown on the lettings sector is needed to stop rogue agents turning it into "the property industry's Wild West", the Royal Institution of Chartered Surveyors (Rics) warns today.
Rents soared to a new high last month, with "fierce competition" from frustrated would-be home buyers continuing as the market enters its summer peak, a study said today.
Rents are up for the third month in a row as mortgage lenders tighten their borrowing criteria and people struggle to get on the property ladder, a study says.