Rent Prices

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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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, 3 years ago | 23

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