London spare room rentals squeezed by surge in tenant demand

BRITAIN’S housing crisis is spreading, with a record surge in the number of tenants looking for rooms to rent far outstripping the places available.

The trend, mirrored across the United Kingdom, reflects a jump in house prices and interest rates, which have made it less profitable for landlords to rent out their properties. It also shows record demand from people looking for space in the capital as they return to offices and universities.