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50,000 rented homes needed to help ease shortage

The UK’s rental market continues to face a significant supply shortage, and despite recent signs of improvement 50,000 homes are needed to bring supply back to pre-pandemic levels, Rightmove says.
While average advertised rents have hit record highs

London’s rental market sees rents remain flat but demand rise

Tenant demand for rented homes in London grew by 9% last month, compared to February, according to Foxtons.
The lettings agent highlights that renter demand has fallen 14% year-on-year as the market returns to more typical trends.

Why can’t the media understand how inflation affects rent rises?

Hello, I am a big fan of the Times and Financial Times as these newspapers are usually reliable and have high quality journalists. However, I have written to the Times to explain why I am upset about one journalist and her story on why renting in the U…

Tenant demand grows as landlord instructions decline

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…

Rental market heats up in February as rents and demand rise

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

Shortage of homes to rent sees tenant demand remaining high

Tenant demand for rental properties remained high in the last quarter of 2023, a survey by Paragon Bank reveals.
The survey found that 63% of landlords saw an increase in tenant demand for their properties in the final three months of last year

PRS landlords to get £70bn in government housing support, NEF says

Private rented sector landlords are set to receive more than £70 billion in housing support from the government over the next five years, according to an analysis by the New Economics Foundation (NEF).
The think tank found that private landlords will b…

Landlords see rents soar and voids drop in 2023, index reveals

Landlords in England saw rents rocket by nearly 9% last year, and several rent records were broken in the summer, one leading rent index reveals.
According to Goodlord, rents rose by 8.8% to an average of £1,182 –

TSB targets renters with first-time buyer mortgages

With many renters in the UK struggling to become homeowners, the TSB has unveiled first-time buyer mortgages to help.
The lender has carried out research and found that 35% of non-homeowners had no plans to purchase a property ever

Renters in London see an 8% annual rise in rents

Rents in London have increased by 8% year-on-year, with the average rent now at £582, Foxtons reveals.
The estate agent also highlights that despite the year-on-year increase, the average rent price decreased by 3% in November.
Foxtons has analysed Zoo…

Rents to increase by 4% in the UK over the next year

Rents are expected to rise by almost 4% in the next year as the supply of homes to rent dwindles, the latest RICS UK Residential survey reveals.
RICS also reveals that tenant demand is still increasing – but at a slower pace than before.

Rents rise across England despite winter slowdown

Rents have increased across England by 7.3% compared to November 2022, despite the onset of the winter season, a leading rental index reveals.
The latest report from Goodlord shows that the average price per property in November 2022 was £1,087

Private rents in Scotland soar by 14.3% in a year

Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with the most common size of home in the private rented sector (PRS) – two-bedroom homes – rising by 14.3% in the year to the end of…

Rents will rise and house prices will fall in 2024 prediction

A market forecast for the sales and lettings markets for the next two years reveals that tenants will see rents rise and landlords and homeowners will see their property values fall.
The forecast leading estate agency Chestertons has looked at the econ…

London’s rental market sees more supply and less competition

London’s rental market is showing signs of recovery after a pandemic-induced slump with news that the supply of new rental listings grew steadily in September, up 10% year-on-year.
That’s according to estate agents Foxtons, which also warns…

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