London’s prime residential rents have seen a significant slowdown after three years of record growth, Savills’ says.
The firm’s associate director of residential research, Jessica Tomlinson, says: “Over the course of 2021, 2022 …
Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to a new analysis.
The data from letting agents DJ Alexander shows rents increased by 40.7% between January 2015 and February 2024.
Over the past 10 years, the cost of rent has significantly outpaced wage growth, leaving many tenants struggling to afford their homes, research reveals.
Zero Deposit has analysed rent prices and average salaries in England between 2014 and 2023.
Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March – the steepest annual rise since data collection began in 2015.
The figures from the Office for National Statistics (ONS) follow previous rent rises
New research by the Financial Conduct Authority (FCA) suggests there has been an improvement in the financial well-being of Brits, though challenges remain, particularly for renters.
The FCA analysis reveals a significant burden on renters who are dis…
There has been a 0.4% rise in the total average yield for England and Wales, reaching 7.1% in the first quarter of 2024, a buy to let rental index reveals.
According to Fleet Mortgages, despite a 0.4% drop in yield for landlords in the North East
London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030 with rents tied to the earnings of key workers.
Mr Khan was speaking at the launch of his third mayoral bid …
Despite a recent cooling down in rent price growth, renters are likely to see their housing costs rise faster than their earnings in the coming years, a new report reveals.
The think tank Resolution Foundation says average rents could rise by 13% over …
The average UK tenant is spending nearly 38.3% of their monthly income on rent which means many will be teetering on the edge of affordability, research reveals.
Financial experts generally advise keeping the rent proportion of income below 40%.
Rents in England continued their upward annual climb in March and while month-on-month prices remained flat, they rose 6.4% compared to March 2023, Goodlord reveals.
The firm’s latest rental index also highlights that rents are now 28% higher tha…
Single renters are feeling the pinch of rising rents more than ever with the percentage of people choosing to live alone dropping by 8% over the past three years.
The research from deposit alternative provider, Reposit, reveals the big shift in living …
There needs to be a shift in government policy to stop ‘grandstanding’ and recognise landlords’ rental income as business income for tax purposes, one firm warns.
The call comes from Andy Halstead, the chief executive of HomeLet, afte…
The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented home supply, research reveals.
According to Zero Deposit, it is the lack of available rental properties that is a key driver of this surge.
Hello, I currently have two properties, both of which have AST for 12 months. The current tenants have lived in the respective properties since 2020, pay their rent on time and keep the properties in a reasonable clean status. Since 2020
The average UK rent has risen by 7.8% to £1,223 in the past year, but the pace of growth is starting to slow, Zoopla reveals.
The property portal says this growth slowdown will continue this year –
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