Tag: average monthly rents

‘Madness’ as rent prices in the UK soar to record highs

Author: Property118.com Landlord News Team

6th September 2023, 3 years ago | 2

The average rent price in the UK for July 2023 was £1,243 – that’s a whopping 10.3% increase from the...

August sees rents remaining red hot

Author: Property118.com Landlord News Team

4th September 2023, 3 years ago | 1

The rental market remained ‘boiling hot’ in August, with the cost of rent up 10% year-on-year, according to the latest...

Rents rocket at the highest rate since 2016

Author: Property118.com Landlord News Team

17th August 2023, 3 years ago | 0

The soaring price of renting in the UK is at the highest rate since January 2016 – and is being...

Rent ‘madness’ continues as prices rise in every region

Author: Property118.com Landlord News Team

8th August 2023, 3 years ago | 3

The latest data reveals that rents have risen in every region of the UK with the average price now at...

Generation Rent says that 40% of tenants HAVE NOT seen rent rises

Author: Property118.com Landlord News Team

4th August 2023, 3 years ago | 4

Generation Rent claims that three in five private renters (60%) have experienced higher rent demands in the past year –...

Average UK rent shatters the previous record

Author: Property118.com Landlord News Team

2nd August 2023, 3 years ago | 7

The average UK rent has soared by 19% to reach £1,137 in July from June and voids are dropping quickly...

Most landlords will raise rents if mortgage costs rise

Author: Property118.com Landlord News Team

27th July 2023, 3 years ago | 0

Most landlords – 61% – said they would raise rents to meet rising mortgage costs, a survey reveals. The study...

Rents hit new high as landlords deal with ‘queues of prospective tenants’

Author: Property118.com Landlord News Team

21st July 2023, 3 years ago | 2

Tenants are feeling the squeeze as new rents outside of London have hit a new record high of £1,231 –...

Rents rise at the quickest pace since 2016

Author: Property118.com Landlord News Team

20th July 2023, 3 years ago | 1

The UK’s renters have seen average rent prices rocket by 5.1% in the year to June, the highest annual increase...

More than 1 million tenants will be over 65

Author: Property118.com Landlord News Team

17th July 2023, 3 years ago | 1

The private rented sector (PRS) needs to prepare for more than one million tenants being over the age of 65...

Landlords increasingly seek guarantors for well-paid tenants

Author: Property118.com Landlord News Team

17th July 2023, 3 years ago | 14

Landlords and letting agents are increasingly asking for guarantors from renters who earn between £25,000 and £75,000, research reveals. RentTech...

Rent prices set to soar as demand outstrips supply – RICS

Author: Property118.com Landlord News Team

14th July 2023, 3 years ago | 1

The rental market is facing a serious imbalance as more tenants are looking for properties than landlords are offering. According...

Revealed: Cheapest place to rent in the UK

Author: Property118.com Landlord News Team

28th April 2023, 3 years ago | 0

Average monthly room rents in London now cost a staggering £952, according to a flatshare website. Spareroom reveals that nearly...

Where are the most affordable places to rent?

Author: Property118.com Landlord News Team

25th January 2023, 4 years ago | 0

The current turmoil in the rental market shows no signs of slowing down with UK rents in the fourth quarter...

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Buy to let rents still rising and unlikely to fall

Author: Property118.com Landlord News Team

22nd June 2012, 14 years ago | 0

Rents are still rising and are unlikely to drop anytime soon, according to one of the UK’s leading letting agents....

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More surveys confirm North/South property divide

Author: Property118.com Landlord News Team

6th June 2012, 14 years ago | 0

Buy to let rents slipped back 4.3% to an average £919 a month in May, according to letting agents haart....

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London buy to let rents 78% higher than rest of UK

Author: Property118.com Landlord News Team

21st May 2012, 14 years ago | 0

London rents are 78% higher than those in the rest of the country, according to the latest figures from landlord...

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UK split into “London” and “the rest” rent divide

Author: Property118.com Landlord News Team

17th April 2012, 14 years ago | 0

The great rental divide is splitting the UK as tenants in London pay double the amount for a comparable property...

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London rents soar to double the UK average

Author: Property118.com Landlord News Team

8th July 2011, 15 years ago | 0

London landlords are picking up rents that are double the average for the rest of the country. The capital is...

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Rent prices still going up according to LSL

Author: Property118.com Landlord News Team

17th June 2011, 15 years ago | 0

Rents are raging out of control in some areas of the country as tenants desperate for a home gazump their...