Tag: Rent

Rent increase ruling by First Tier Property Tribunal?

Author: Readers Question

22nd January 2024, 2 years ago | 9

Hello, After a very long 7 months of trying to increase the rent on my property, which involved paper submissions,...

Rental market rebounds as pandemic deals expire

Author: Property118.com Landlord News Team

19th January 2024, 2 years ago | 0

The number of properties available for rent has increased by 45% compared to last year, reaching the highest level since...

Scottish rents soar despite rent cap law

Author: Property118.com Landlord News Team

18th January 2024, 2 years ago | 2

The Cost of Living (Tenant Protection) (Scotland) Act 2022, which aimed to protect tenants from excessive rent increases, has failed...

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...

Rent rises set a record in 2023 amid landlord costs and housing shortage

Author: Property118.com Landlord News Team

17th January 2024, 2 years ago | 3

Renters in the UK paid an extra £1,488 per year on average in 2023 as rent prices soared by a...

Landlords eye expansion as BTL market stays strong

Author: Property118.com Landlord News Team

17th January 2024, 2 years ago | 0

More than a quarter of landlords are looking to expand their property portfolios in 2024 because the UK’s buy to...

Landlords are owed an average of £725 in arrears

Author: Property118.com Landlord News Team

16th January 2024, 2 years ago | 4

A survey has found that nearly 60% of UK landlords have seen a rise in late rent payments due to...

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...

Flatshare rents begin to fall as market stabilises

Author: Property118.com Landlord News Team

10th January 2024, 2 years ago | 0

Flatsharing Londoners have seen their rents drop for the second month in a row, after reaching an all-time high in...

Renters face higher rents and fewer choices in 2024, Rightmove warns

Author: Property118.com Landlord News Team

9th January 2024, 2 years ago | 1

Tenants face the prospect of rents rising even higher this year and the number of homes to rent will continue...

Renting artists and gamers strive to portray landlords in a bad light

Author: Property118.com Landlord News Team

2nd January 2024, 2 years ago | 8

The housing crisis has sparked a wave of ‘creative resistance’ from renters who are using music, video games and novels...

City’s rents soar as council licensing schemes backfire, landlord claims

Author: Property118.com Landlord News Team

2nd January 2024, 2 years ago | 14

A landlord who provides homes to hundreds of homeless benefit tenants says council licensing schemes are making rents rocket and...

Rural renters hit hard by rising rents

Author: Property118.com Landlord News Team

13th December 2023, 2 years ago | 1

Rural renters are bearing the brunt of rising rents which are rising quicker than the average rent price, a new...

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...

Labour wants to ban tenant bidding wars – landlord explains why that won’t work

Author: Property118.com Landlord News Team

6th December 2023, 2 years ago | 89

The Labour Party says it wants the UK to outlaw tenant bidding wars for rented homes, adopting a New Zealand...

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...

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...