Rent Prices

UK rents reach record high but growth slows

Author: Property118.com Landlord News Team

10th July 2024, 2 years ago | 0

The average rent in the UK has reached a record high of £1,299, although growth has slowed to just 0.2%...

Record rents for tenants outside London – Rightmove

Author: Property118.com Landlord News Team

3rd July 2024, 2 years ago | 1

High demand and a lack of available properties are pushing rents outside London to record levels, according to Rightmove. It...

Rents continue rising as London breaks the £2,000 barrier

Author: Property118.com Landlord News Team

2nd July 2024, 2 years ago | 0

Rents in England have continued their upward trend in June – rising by 6.7% year-on-year, according to the Goodlord rental...

Tenants want the next government to control rent rises

Author: Property118.com Landlord News Team

24th June 2024, 2 years ago | 19

Tenants in the private rented sector (PRS) want the next government to focus on controlling the pace of rent rises,...

More than a third of renters can’t afford rents – TDS

Author: Property118.com Landlord News Team

21st June 2024, 2 years ago | 14

Rising rents and stagnant benefits are creating a financial squeeze for private renters in the UK, with a study revealing...

UK rent rises show signs of cooling after record highs – ONS

Author: Property118.com Landlord News Team

20th June 2024, 2 years ago | 0

The rate at which UK private rents increase is beginning to slow down with the average rent rising by 8.7%...

Foxtons says London’s PRS is returning to ‘normal’

Author: Property118.com Landlord News Team

17th June 2024, 2 years ago | 0

The London lettings market is returning to a ‘normalised’ with a rise in property listings, according to Foxtons. The firm’s...

UK rent growth slows to lowest rate in 30 months – Zoopla

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 0

The UK’s private rented sector (PRS) is experiencing a slowdown in rent growth at 6.6% – the lowest increase in...

Strong tenant demand pushes up rents for all property types

Author: Property118.com Landlord News Team

4th June 2024, 2 years ago | 2

The demand for rented properties in Britain is driving a surge in rents across the board, according to new research...

Shelter reveals that social rents are 60% cheaper than in the PRS

Author: Property118.com Landlord News Team

3rd June 2024, 2 years ago | 23

Social housing tenants enjoy rents that are 60% cheaper than private rented sector (PRS) tenants are paying, Shelter says. The...

Rents hit new high in May as renters fork out £1,183

Author: Property118.com Landlord News Team

3rd June 2024, 2 years ago | 1

Rents in England have hit a new high with the average cost of renting a property now £1,183 – a...

London’s rental market shows signs of revival

Author: Property118.com Landlord News Team

28th May 2024, 2 years ago | 0

London’s rental market appears to be picking up as tenant demand rises after data shows there was a 12% rise...

Charity calls for stronger protections in Renters (Reform) Bill as renter costs soar

Author: Property118.com Landlord News Team

23rd May 2024, 2 years ago | 11

The Renters (Reform) Bill, currently making its way through the House of Lords, doesn’t go far enough to address the...

Landlords see a surge in demand as less choice pushes up rents

Author: Property118.com Landlord News Team

23rd May 2024, 2 years ago | 4

Landlords have seen a surge in tenant demand with tenants chasing fewer properties in the private rented sector (PRS), a...

UK rent growth slows after reaching record high – ONS

Author: Property118.com Landlord News Team

22nd May 2024, 2 years ago | 1

The UK’s rent inflation is slowing down as average private rents grew by 8.9% in the year to April –...

Tenants struggle to find new homes as rents rise

Author: Property118.com Landlord News Team

22nd May 2024, 2 years ago | 11

Half of all tenants who moved in the past year say they faced difficulties finding a new property to rent...

Sitting tenants see rents rise as gap with open market narrows

Author: Property118.com Landlord News Team

20th May 2024, 2 years ago | 5

Tenants renewing their tenancies are seeing rents rise at a faster pace than those moving to new homes, research reveals....

London’s rents soar – Scotland is close behind

Author: Property118.com Landlord News Team

15th May 2024, 2 years ago | 2

London is leading the UK in rent price growth, with rents surging by an average of 11.2% over the past...