Tag: Rent

Universal Credit claimants face housing affordability crisis despite benefit increase

Author: Property118.com Landlord News Team

4th April 2024, 2 years ago | 4

Universal Credit claimants face a severe shortage of affordable rental properties, with a recent rise in housing benefit failing to...

Rent squeeze forces single tenants to share

Author: Property118.com Landlord News Team

4th April 2024, 2 years ago | 10

Single renters are feeling the pinch of rising rents more than ever with the percentage of people choosing to live...

UK rents rocket by 46% in a decade

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 11

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented...

Call for rent cap in Wales to help key workers

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 5

A rent cap is needed in Wales to help essential workers struggling to find affordable housing, Generation Rent says. It...

Annual rent rise is the highest ever recorded – ONS

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 7

The cost of renting in the UK has hit a new high as average rents across the UK rose by...

Landlords are feeling the squeeze with inflation and recession fears

Author: Property118.com Landlord News Team

15th March 2024, 2 years ago | 0

Landlords in the UK are facing a variety of challenges, with a new survey revealing worries about inflation, the cost-of-living...

London rents slide as landlords adjust to new market reality

Author: Property118.com Landlord News Team

15th March 2024, 2 years ago | 1

London’s tenants are seeing rent prices fall with three firms highlighting the trend – and how landlords are responding. Estate...

Rent arrears soar amid economic woes

Author: Property118.com Landlord News Team

7th March 2024, 2 years ago | 0

Tenants are facing mounting difficulties in paying their rent as the economic situation worsens, research reveals. The data from Reposit,...

Housing benefit gap leaves one million renters struggling

Author: Property118.com Landlord News Team

5th March 2024, 2 years ago | 10

One million private renters who depend on Universal Credit are unable to cover their rent with the housing benefit they...

Renters face financial hardship and food insecurity, survey reveals

Author: Property118.com Landlord News Team

23rd February 2024, 2 years ago | 5

Only 9% of tenants in the UK say they are financially comfortable, while 59% said they had trouble paying their...

Cap rents for key workers, says campaign group

Author: Property118.com Landlord News Team

22nd February 2024, 2 years ago | 26

Key workers in London are struggling to afford the high rents in the city and a rent cap is needed,...

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...

Government action needed to prevent student landlords leaving, warns Propertymark

Author: Property118.com Landlord News Team

15th February 2024, 2 years ago | 6

The government is being urged to take action to prevent a potential crisis in the student rental market as fed-up...

UK rents soar by 8.3% in a year – Scotland leads the way

Author: Property118.com Landlord News Team

14th February 2024, 2 years ago | 2

The UK’s rental market has seen a sharp rise in rents over the last year, with the average monthly rent...

Scottish tenants brace for rent hikes and evictions

Author: Property118.com Landlord News Team

13th February 2024, 2 years ago | 5

Scottish tenants are facing a looming crisis in the private rented sector as emergency protections against rent hikes and evictions...

Landlord evictions soar to pre-pandemic levels in 2023

Author: Property118.com Landlord News Team

9th February 2024, 2 years ago | 5

Landlords evicted more tenants in the final quarter of 2023 than they have since 2018, the Ministry of Justice (MoJ)...

Disabled people face housing crisis as Government reneges on funding pledge

Author: Property118.com Landlord News Team

8th February 2024, 2 years ago | 2

The Government has been accused of breaking its promise to increase the funding for disabled people to adapt their homes,...

Housing benefit rates increase but still lag behind private rent rises

Author: Property118.com Landlord News Team

6th February 2024, 2 years ago | 10

While the Government has confirmed new rates for Local Housing Allowance (LHA), the amounts are lagging behind rent rises, a...

Rents hit new highs but growth slows down

Author: Property118.com Landlord News Team

26th January 2024, 2 years ago | 0

Rents in the UK reached new records in 2023, but the pace of growth slowed down significantly compared to previous...

Renters sacrifice food and heating to afford rent, survey shows

Author: Property118.com Landlord News Team

23rd January 2024, 2 years ago | 4

Tenants are cutting back on necessities such as food and heating to pay their rent, a survey shows. Despite rents...