Rent Prices

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...

Rent squeeze forces single tenants to share

Author: Property118.com Landlord News Team

4th April 2024, 2 years ago | 10

Single renters are feeling the pinch of rising rents more than ever with the percentage of people choosing to live...

Government urged to stop ‘grandstanding’ and help landlords

Author: Property118.com Landlord News Team

3rd April 2024, 2 years ago | 5

There needs to be a shift in government policy to stop ‘grandstanding’ and recognise landlords’ rental income as business income...

UK rents rocket by 46% in a decade

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 11

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented...

What is considered a fair rent increase or are there limitations?

Author: Readers Question

25th March 2024, 2 years ago | 23

Hello, I currently have two properties, both of which have AST for 12 months. The current tenants have lived in...

UK rent growth slows but tenant affordability is a ‘challenge’

Author: Property118.com Landlord News Team

22nd March 2024, 2 years ago | 1

The average UK rent has risen by 7.8% to £1,223 in the past year, but the pace of growth is...

Scotland’s rent cap backfires with big rent rises for tenants

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 17

Tenants in Scotland are seeing big rent rises and the rent cap brought in by the SNP is being blamed...

Call for rent cap in Wales to help key workers

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 5

A rent cap is needed in Wales to help essential workers struggling to find affordable housing, Generation Rent says. It...

Annual rent rise is the highest ever recorded – ONS

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 7

The cost of renting in the UK has hit a new high as average rents across the UK rose by...

Rent growth slows as rented homes take longer to let

Author: Property118.com Landlord News Team

19th March 2024, 2 years ago | 1

The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons...

Tenant demand grows as landlord instructions decline

Author: Property118.com Landlord News Team

15th March 2024, 2 years ago | 3

The lettings market continues to see high tenant demand, albeit at a slower pace – but a dwindling number of...

London rents slide as landlords adjust to new market reality

Author: Property118.com Landlord News Team

15th March 2024, 2 years ago | 1

London’s tenants are seeing rent prices fall with three firms highlighting the trend – and how landlords are responding. Estate...

Rental market heats up in February as rents and demand rise

Author: Property118.com Landlord News Team

5th March 2024, 2 years ago | 0

Last month, landlords saw an increase in rents and demand for rental properties across England, according to Goodlord’s latest Rental...

Rents could soar by up to 41% by 2030, new study warns

Author: Property118.com Landlord News Team

26th February 2024, 2 years ago | 2

Renters in England could see rents rising by up to 41% per month by 2030, a new study reveals. Zero...

Cap rents for key workers, says campaign group

Author: Property118.com Landlord News Team

22nd February 2024, 2 years ago | 26

Key workers in London are struggling to afford the high rents in the city and a rent cap is needed,...