Rent Prices

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...

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...