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 –
Tenants in Scotland are seeing big rent rises and the rent cap brought in by the SNP is being blamed – as rent rises elsewhere in the UK begin to fall.
According to the Daily Telegraph which used Zoopla data
A rent cap is needed in Wales to help essential workers struggling to find affordable housing, Generation Rent says.
It warns that a one-bedroom flat in Cardiff accounts for 48% of a teaching assistant’s salary.
The campaign group says this highl…
The cost of renting in the UK has hit a new high as average rents across the UK rose by 9% in the 12 months to February – the highest rise recorded by the Office for National Statistics (ONS).
The trend of rising rents is consistent across the UK
The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons reveals.
According to its figures, the average rent on a newly let home in Great Britain rose 7.1% year-on-year in February.
The lettings market continues to see high tenant demand, albeit at a slower pace – but a dwindling number of landlord instructions means there’s a shortage of rental properties.
The latest Residential Survey by the Royal Institution of Char…
London’s tenants are seeing rent prices fall with three firms highlighting the trend – and how landlords are responding.
Estate agent Chestertons reports a significant increase of 125% in landlords lowering their asking rents, with some are…
Join Ranjan Bhattacharya as he delves into the burning question of 2024: Will rents on buy-to-let properties continue their upward trajectory?
In this video, he dissects the factors driving the increase in rents and provides valuable insights into the…
Last month, landlords saw an increase in rents and demand for rental properties across England, according to Goodlord’s latest Rental Index.
It says the average rent of a property in February was 7% higher than in February 2023
Renters in England could see rents rising by up to 41% per month by 2030, a new study reveals.
Zero Deposit analysed historic rental market data from the Office for National Statistics (ONS) to forecast what the average cost of renting could look like.
Key workers in London are struggling to afford the high rents in the city and a rent cap is needed, says one campaign group.
A report from Generation Rent highlights how much key workers are struggling as it calls for all metro mayors – including Londo…
The annual increase in rents for new lettings in Great Britain dropped to 8.3% in January, the lowest level since December 2022, research reveals.
According to a report by Hamptons, rent price growth has lost momentum since August 2023
Private rents in the UK reached record highs in January with the average rent paid by tenants rising by 6.2%.
That’s according to the latest report from the Office for National Statistics (ONS) and its rental index reveals this is the joint-highe…
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