Newnes

David Newnes, estate agency managing director of LSL Property Services, said landlords are seeing demand go from strength to strength: "Many would-be first-time buyers cannot afford the average £25,000 lenders require without substantial help from their parents, and as a result they are staying in rented accommodation for nearly a decade."

Average rents rise as first-time buyers struggle to raise deposits 2011

David Newnes, estate agency managing director of LSL Property Services, which owns the Your Move and Reeds Rains chains, said: Tenant demand continues to reach ever higher peaks – and there simply isn't enough rental property coming on to the market to match it.

Rents hit record high as housing demand outstrips supply 2011

David Newnes, director of LSL Property Services, which owns estate agents Your Move and Reed Rains, said: The fact that prices have only fallen by 0.1% means the steep declines between April and June have ceased.

House prices fall 3% to 21-month low 2011

David Newnes, director of LSL, said the modest summer recovery in the housing market "came to an abrupt end in September".

First-time buyers hit by lenders' caution 2011

David Newnes, director of LSL Property Services, said: While some regions have seen prices fall, the rate of fall has shrunk.

House prices in England and Wales edge up in August 2011

But Newnes said the increasing cost of rental accommodation – alongside the soaring cost of living – was eroding first-time buyers' ability to save deposits.

Record rents trap tenants in a vicious circle 2011

With rents rising so quickly, soaring inflation and an uncertain economic outlook, over the long-term we anticipate that rental arrears will become a growing financial problem for landlords, said Newnes.

UK rents rise by record amount in August 2011

We are in the thick of the busiest time of year for the rental market, and red hot demand for properties is driving rents up at their fastest monthly pace in the last 12 months," said David Newnes, estate agency managing director of LSL Property Services."

UK rents rise by record amount in August 2011

Rents are still heading northwards, but tenants may take comfort from the fact they did not climb at such a blistering pace in October," said David Newnes, director of LSL Property Services."

Rent increases slow but more tenants fall behind on payments 2011

Newnes said that first-time buyers with less money still can't get a mortgage easily, with the number of flats sold falling almost twice as far from 2007 highs as the number of detached homes.

House prices in England and Wales edge up in August 2011