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'The rent's such a bargain on my Manchester city centre flat I never want to own a home'

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manchestereveningnews.co.uk

After the Bank of England raised interest rates to a 15-year high of five percent this week, it is not just mortgage holders who are bearing the brunt.

Many tenants across the country have now been left fearing their rents will rise drastically as landlords are faced with increased costs.

Finn Jaradd, 41, who lives in Manchester city centre, says he is one of the lucky renters who is not being affected by rising rents.

The tenant, who pays £825 a month for his one-bed flat, says his landlord has agreed they won't be increasing his rent - and that the price he pays hasn't changed at all in the three and a half years he has lived there.

Read more on manchestereveningnews.co.uk
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