Rent Rises Outpace Salary Increases
A leading price comparison service encourages renters to seek out slashed prices using their impartial advice website.
As the country enters the third quarter; dusting off its recession ravaged coattails, the Office of National Statistics reports a 0.7% rise in earnings. Yet, due to the still exponential growth in the property sector, renters are rendered restless when monthly expenditures on leasing lodging are growing at twice the rate. One expert, from FreePriceCompare.com encourages householders and businesses to use their free comparison service to help slash bills in-line with rising costs.
Average UK Rent Hits New High
Following a survey released by LSL Property Services last week, it has come to light that average monthly costs of renting have increased to £747 across England and Wales. These figures show a rise of 1.4% year-on-year; rendering it double increase Brits have seen in earnings according the ONS. Managing Director of FreePriceCompare.com, Shailesh Ramani, advised people to seek alternative providers for outgoings from energy bills to holiday providers and everything in between. “Often our clients are paying over the odds simply because they are unaware of the best rates available to them. Our comparison tool enables you to evaluate your current tariff against all the rest, meaning you can find a real deal to help with the rising cost of living.”
How FreePriceCompare.com Helps Renters Save
Boasting unique software, FreePriceCompare.com’s engine can compare over 6,000 digital packages in seconds; meaning customers can save on SkyTV, broadband and phone searches, as well as a variety of other utilities. Imperative to FreePriceCompare.com is the commitment to finding the cheapest options for consumers, whilst still prioritising cover and content. Mr.Ramani said, “There are ways of guaranteeing that you pay the same rate for your energy for the next 4 years. We present the facts as well as the savings in order to help clients achieve a deal that is best for them.”
Expert Insights on Utilities and Prices
With a team of experts monitoring and reporting the energy and political landscape daily, the comparison site can determine where the direction of prices are going, and which suppliers are the most appropriate to look at during any given period of time. As an impartial site, this advice is never biased and can lead to enormous savings for householders and businesses. What’s more, Brits can rest assured that they can trust the site’s recommendation because the comparison tool is accredited by the UK regulatory, Ofcom.
