These benefits are captured by the rents earned by property investors, which are equivalent to the tenancy costs saved by owner-occupiers.Shares are deemed pricey when the p/e ratio is above its long-run average.
The next highest rise was in the east Midlands, where new tenancies cost 7.9% more than in April 2015 at an average of £646 a month.
Tammaro's tenancy had cost her more than ninety-five thousand dollars in legal fees alone.
The new rules also mean that deposits will be capped at five weeks' rent (or six for tenancies that cost more than £50,000 a year), and agents and landlords will be banned from charging fees for anything other than contract changes, council and utilities tax, changes to the tenancy, and issues for which the tenant is at fault.
The Department for Communities and Local Government said: "Ministers have been clear of their commitment to tackle tenancy fraud, which costs this country billions of pounds and means people who could otherwise be housed are losing out.
The policy should also include details of the higher deposit being used to cover potential damage caused by pets, but some landlords may want to take an extra, non-refundable payment at the start of the tenancy to cover costs of professionally cleaning the property when the tenants move out.
Those who face smaller losses may be able to scrape together the shortfall and keep their tenancy, but at the cost of buying food or heating their home.
Other factors to take into account include maintenance fees, agents' costs and tenancy voids.
The system successfully preserves a sanitized form of medieval land tenancy, but it makes cost-effective agriculture impossible, since it divides the land among far too many tenants.
While the regulator Ofgem says a landlord cannot prevent you switching meters, you may have to switch back at the end of the tenancy, and the associated costs could be off-putting.
We need much more municipal housing, clear regulation on renting – from rental costs to tenancy length to property maintenance rules – proper intervention to fight homelessness, and far less property price speculation.
