Rent Prices

Renters squeezed as they spend a third of their income on rent

Author: Property118.com Landlord News Team

8th January 2025, 1 year ago | 3

The average UK tenant spent 35.7% of their take-home pay on rent last year which underscores the growing financial strain...

Rents cool down in December after record-breaking year

Author: Property118.com Landlord News Team

7th January 2025, 1 year ago | 2

Rents in England dipped again in December, marking the fifth consecutive month of rental cost reductions, according to the Goodlord...

London rents will rise slightly as market adjusts – Chestertons

Author: Property118.com Landlord News Team

6th January 2025, 1 year ago | 3

London’s private rented sector is experiencing a period of moderation, with Chestertons forecasting rent increases of just 1.5% – that’s...

Young homeownership on the rise – but inequality widens

Author: Property118.com Landlord News Team

6th January 2025, 1 year ago | 0

Young millennials are more likely to own homes than older millennials were at the same age, but rising homeownership rates...

London rents stabilise as tenant budgets rise

Author: Property118.com Landlord News Team

24th December 2024, 1 year ago | 2

London’s private rented sector has shown signs of cooling in recent months, despite increased tenant budgets, Foxtons reveals. While tenants...

Students face an 88% rent premium to live near campus

Author: Property118.com Landlord News Team

20th December 2024, 2 years ago | 0

Students are facing a double whammy of rising tuition fees and exorbitant rent costs, according to research. Zero Deposit says...

Rents to rise by 3% as tenant demand exceeds pre-pandemic levels

Author: Property118.com Landlord News Team

20th December 2024, 2 years ago | 2

The UK’s private rented sector remains competitive, with demand for rental properties outpacing supply, Rightmove says. Its research reveals that...

Rents surge by 9.1% despite slowdown – ONS

Author: Property118.com Landlord News Team

19th December 2024, 2 years ago | 3

Private rents in the UK have risen by 9.1% in the 12 months to November – that’s up from 8.7%...

Landlords sell unprofitable properties amid tax fears

Author: Property118.com Landlord News Team

18th December 2024, 2 years ago | 0

Landlords across the UK are continuing to sell off their least profitable properties, boosting the sales market but reducing the...

Rents and house prices will rise in 2025 – Jackson-Stops

Author: Property118.com Landlord News Team

18th December 2024, 2 years ago | 0

The estate agency Jackson-Stops is predicting a 2-3% rise in rents across its network in the next 12 months. However,...

House prices rise as tenant demand slows – RICS

Author: Property118.com Landlord News Team

12th December 2024, 2 years ago | 0

House prices in the UK continue to rise, while rental demand has shown its first signs of slowing since 2020,...

Rents up by £3,240 a year since Covid – Zoopla

Author: Property118.com Landlord News Team

12th December 2024, 2 years ago | 3

The cost of renting a home has surged since the Covid lockdowns, rising from £12,000 annually in 2021 to £15,240...

Landlord rent rises spark calls for government intervention

Author: Property118.com Landlord News Team

9th December 2024, 2 years ago | 26

News that more than half of landlords in England put up the rent for a new tenancy this year has...

Rent increase for tenant in situ?

Author: Readers Question

5th December 2024, 2 years ago | 13

Hi, I’m about to complete on a property that comes with a tenant-in-situ who has a periodic tenancy with the...

Rents continue to fall as market cools down

Author: Property118.com Landlord News Team

3rd December 2024, 2 years ago | 0

England’s private rented sector (PRS) saw rents continuing to soften in November, with average prices dipping nearly 3% month-on-month, Goodlord...

UK tenants face affordability crisis as rents soar

Author: Property118.com Landlord News Team

28th November 2024, 2 years ago | 1

Monthly rents across the UK have surged to unaffordable levels in every region except the North East, research reveals. Analytics...

Rents rise by 8.7% – but one area sees a 30% increase

Author: Property118.com Landlord News Team

27th November 2024, 2 years ago | 3

Rents across Britain have surged over the past year by 8.7%, with some areas experiencing staggering increases – including one...

UK rents grow by 8.7% and houses by 2.9% – ONS

Author: Property118.com Landlord News Team

21st November 2024, 2 years ago | 1

Private rent prices in the UK have grown by 8.7% in the 12 months to October, the Office for National...