00:00The cost of renting a home is rising faster, with tenants warned increases could follow.
00:06Average rents for new tenancies were 2.6% higher in July than a year earlier, according to Zoopla.
00:13The property website says fewer homes are available, while competition has increased.
00:19It predicts this could lead to annual rent rises reaching around 4 or 5% by the end of this
00:25year.
00:25The report comes after the Renters' Rights Act introduced changes to the sector in England.
00:32Zoopla says investment in rental homes is needed to increase choice and stability.
00:38Propertymark also says boosting supply should remain a priority for a more affordable rental sector.
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