Thousands of Brits now spending 40 per cent of their wages just to cover rent

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THOUSANDS of Brits are forced to use 40 PER CENT of their monthly income on rent as the housing crisis sends bills sky-high.

A damning report warned rents in London had soared by more than 50 per cent since the mid-1990s and by 29 per cent across the rest of Britain.

0e0eb28e583aabd14478d4ea4043c706 Thousands of Brits now spending 40 per cent of their wages just to cover rent

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