UK tenants brace themselves for rises in rents

This month is the seventh consecutive rise in rents for the UK residential lettings market and many believe it is safe to assume that rental returns will soon be back to the levels of 2008. There are also some data that suggests the volume of available rental property has dropped by over 3% this month and a staggering 10percent last month.
With a back drop of both optimistic economic recovery and an impressive rise in both house prices and rental returns, can the UK property market out run unemployment and challenging lending criteria?