Rent Prices

Rent price growth slows down – but rents will still beat inflation in 2024

Author: Property118.com Landlord News Team

19th February 2024, 2 years ago | 0

The annual increase in rents for new lettings in Great Britain dropped to 8.3% in January, the lowest level since...

UK rents reached a record high in January

Author: Property118.com Landlord News Team

15th February 2024, 2 years ago | 2

Private rents in the UK reached record highs in January with the average rent paid by tenants rising by 6.2%....

Tenants see rents hit record highs in 2023 – ONS

Author: Property118.com Landlord News Team

18th January 2024, 2 years ago | 3

Tenants in the UK are feeling the pinch as private rent prices reached record highs in the year to December...

Rents fall slightly in December to offer tenants ‘a minor win’

Author: Property118.com Landlord News Team

12th January 2024, 2 years ago | 2

The UK’s rents for new tenancies dipped by 0.9% in December 2023, reaching £1,268 which is still 8.01% more than...

Landlords see rents soar and voids drop in 2023, index reveals

Author: Property118.com Landlord News Team

5th January 2024, 2 years ago | 2

Landlords in England saw rents rocket by nearly 9% last year, and several rent records were broken in the summer,...

Rents to increase by 4% in the UK over the next year

Author: Property118.com Landlord News Team

14th December 2023, 2 years ago | 0

Rents are expected to rise by almost 4% in the next year as the supply of homes to rent dwindles,...

UK rent growth slows after hitting price peak

Author: Property118.com Landlord News Team

12th December 2023, 2 years ago | 1

The UK’s rent price growth is cooling down after reaching its highest point in three years with one prediction that...

Renters face affordability crisis despite LHA boost

Author: Property118.com Landlord News Team

11th December 2023, 2 years ago | 3

Low-income renters in England will struggle to afford their homes even after the government’s recent benefit boost, a campaign group...

Brits paid out £85.6bn in rent during 2023

Author: Property118.com Landlord News Team

11th December 2023, 2 years ago | 3

Renters in Great Britain will pay a staggering £85.6bn in rent this year – that’s more than double the amount...

Zoopla boss blames record migration for UK rent crisis

Author: Property118.com Landlord News Team

7th December 2023, 2 years ago | 55

The UK is facing a rent crisis as record net migration has increased the demand for rental accommodation, according to...

Tenant bidding wars lead to them paying £1,200 more

Author: Property118.com Landlord News Team

6th December 2023, 2 years ago | 7

A survey has revealed that four in 10 households renting privately (39%) that moved within the last year are paying...

Landlords increase rent to cope with higher mortgage costs

Author: Property118.com Landlord News Team

6th December 2023, 2 years ago | 3

The majority of buy to let landlords in the UK have increased rent in the past year, mainly to cover...

Sadiq Khan wants EPC measures for the PRS reinstated

Author: Property118.com Landlord News Team

5th December 2023, 2 years ago | 24

The mayor of London, Sadiq Khan, is calling for the legal power to impose a rent freeze in the capital...

Rents rise across England despite winter slowdown

Author: Property118.com Landlord News Team

5th December 2023, 2 years ago | 0

Rents have increased across England by 7.3% compared to November 2022, despite the onset of the winter season, a leading...

UK rent prices are nearly 9% higher than last year

Author: Property118.com Landlord News Team

4th December 2023, 2 years ago | 1

The average rent in the UK is now at £1,279, down by 0.3% from last month’s figures – but this...

More families and older renters downsize as rents soar

Author: Property118.com Landlord News Team

30th November 2023, 3 years ago | 5

The rising cost and scarcity of rental homes have forced thousands of families to downsize and older renters to move...

The most affordable rental cities in Britain revealed

Author: Property118.com Landlord News Team

29th November 2023, 3 years ago | 0

The major cities that currently have the highest level of affordable homes for tenants that are at or below the...

UK renters face record-breaking rent rises until 2025

Author: Property118.com Landlord News Team

29th November 2023, 3 years ago | 0

The UK’s private rented sector (PRS) is set to experience unprecedented rent growth in the next few years because the...