Rent Prices

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...

Landlords blame tax burden and costs for rising rents – Propertymark

Author: Property118.com Landlord News Team

14th May 2024, 2 years ago | 2

Landlords are pointing to tax changes, rising costs and a challenging economic environment for the continuing rise in rents, Propertymark...

London’s rents are cheaper than mortgages

Author: Property118.com Landlord News Team

13th May 2024, 2 years ago | 2

The financial challenges being faced by aspiring homeowners in the capital have been revealed by a study which shows a...

UK rental market loses steam as sales activity eyes long term growth – RICS

Author: Property118.com Landlord News Team

9th May 2024, 2 years ago | 0

The latest RICS UK residential survey reveals a mixed picture for the UK housing market with the sales market showing...

Rents could increase by 20% over the next year – HomeLet

Author: Property118.com Landlord News Team

8th May 2024, 2 years ago | 7

The UK’s renters are facing rents climbing at an alarming rate this year after they rose by 1.6% in just...

Year-on-year rents rise by 5.7% – voids remain stable

Author: Property118.com Landlord News Team

1st May 2024, 2 years ago | 0

Rents continued their upward trajectory in April, with the latest figures from Goodlord showing a year-on-year increase of nearly 6%...

Landlords and tenants see prime rental market entering a new phase

Author: Property118.com Landlord News Team

22nd April 2024, 2 years ago | 1

London’s prime residential rents have seen a significant slowdown after three years of record growth, Savills’ says. The firm’s associate...

Scottish rent cap addressed a problem ‘that didn’t exist’

Author: Property118.com Landlord News Team

19th April 2024, 2 years ago | 3

Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to...

Rent rises outpace earnings to hit tenant affordability

Author: Property118.com Landlord News Team

18th April 2024, 2 years ago | 2

Over the past 10 years, the cost of rent has significantly outpaced wage growth, leaving many tenants struggling to afford...

UK rents reach the highest level on record – ONS

Author: Property118.com Landlord News Team

17th April 2024, 2 years ago | 4

Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March –...

Renters are still financially squeezed – FCA

Author: Property118.com Landlord News Team

11th April 2024, 2 years ago | 3

New research by the Financial Conduct Authority (FCA) suggests there has been an improvement in the financial well-being of Brits,...

UK rental yields are on the rise – Fleet

Author: Property118.com Landlord News Team

11th April 2024, 2 years ago | 1

There has been a 0.4% rise in the total average yield for England and Wales, reaching 7.1% in the first...

Sadiq Khan pledges to build 6,000 ‘affordable’ homes and bring in rent controls

Author: Property118.com Landlord News Team

8th April 2024, 2 years ago | 24

London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030...

Rent rises to outpace wage growth despite cooling prices

Author: Property118.com Landlord News Team

8th April 2024, 2 years ago | 1

Despite a recent cooling down in rent price growth, renters are likely to see their housing costs rise faster than...

Renters are spending nearly 40% of their wages on rent

Author: Property118.com Landlord News Team

8th April 2024, 2 years ago | 7

The average UK tenant is spending nearly 38.3% of their monthly income on rent which means many will be teetering...

Rents in England have risen by 28% since 2020

Author: Property118.com Landlord News Team

5th April 2024, 2 years ago | 1

Rents in England continued their upward annual climb in March and while month-on-month prices remained flat, they rose 6.4% compared...