Tag: Cost of living
![Homeownership dream fades as affordability crisis deepens – Skipton](https://www.property118.com/wp-content/uploads/2024/07/Stuart-Haire-skipton-group-1-250x250.jpg)
Homeownership dream fades as affordability crisis deepens...
Just one in eight potential first-time buyers can afford the average property in their area, with the situation even more dire for...
![Solo living surges amid cost-of-living crisis](https://www.property118.com/wp-content/uploads/2023/08/London-landlords-warned-over-too-good-to-be-true-rent-promises-from-agents-250x250.jpg)
Solo living surges amid cost-of-living crisis
The number of young people living alone in the UK has rocketed by a third in just one year, with 237,000 individuals now embracing...
![Landlord exodus from the PRS as uncertainty and costs rise](https://www.property118.com/wp-content/uploads/2024/07/Katy-Billany-Executive-Director-of-TwentyEA-250x250.jpg)
Landlord exodus from the PRS as uncertainty and costs rise
There’s been a surge in landlords exiting the private rented sector (PRS) with a dramatic rise in the number of properties previously...
![UK rents reach record high but growth slows](https://www.property118.com/wp-content/uploads/2024/05/Andy-Halstead-HomeLet-CEO-250x250.jpg)
UK rents reach record high but growth slows
The average rent in the UK has reached a record high of £1,299, although growth has slowed to just 0.2% in June.
That’s according...
![More than a third of renters can’t afford rents – TDS](https://www.property118.com/wp-content/uploads/2023/05/Jennifer-Harris-the-head-of-policy-research-and-strategy-at-The-Dispute-Service-250x250.png)
More than a third of renters can’t afford rents ...
Rising rents and stagnant benefits are creating a financial squeeze for private renters in the UK, with a study revealing more than...
![UK rent rises show signs of cooling after record highs – ONS](https://www.property118.com/wp-content/uploads/2023/08/Rented-home-supply-in-London-begins-to-improve-property118-250x250.jpg)
UK rent rises show signs of cooling after record highs ...
The rate at which UK private rents increase is beginning to slow down with the average rent rising by 8.7% in the 12 months to May,
![UK rent growth slows after reaching record high – ONS](https://www.property118.com/wp-content/uploads/2023/07/Rents-rise-at-the-quickest-pace-since-2016-property118-250x250.jpg)
UK rent growth slows after reaching record high – ONS
The UK’s rent inflation is slowing down as average private rents grew by 8.9% in the year to April – down from a record...