Tag: Rent

UK renters face record-breaking rent rises until 2025

Author: Property118.com Landlord News Team

29th November 2023, 2 years ago | 0

The UK’s private rented sector (PRS) is set to experience unprecedented rent growth in the next few years because the...

UK rents soar by over a third above inflation in a year

Author: Property118.com Landlord News Team

28th November 2023, 2 years ago | 4

UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year,...

Landlords with social tenants are facing a £1,700-a-year shortfall on new lets

Author: Property118.com Landlord News Team

28th November 2023, 2 years ago | 14

Landlords who rent to social tenants will face a £1,700 annual shortfall on new lets despite the Chancellor’s attempt to...

How renting out 1.74% of empty bedrooms could lower rents by 22%

Author: Property118.com Landlord News Team

24th November 2023, 2 years ago | 8

With the UK facing a severe rental crisis, with demand for rooms far outstripping supply and rents reaching record highs,...

Tenant demand hits record high amid rising rents

Author: Property118.com Landlord News Team

15th November 2023, 2 years ago | 0

Tenant demand in the UK reached a record high in the third quarter of the year, with more than seven...

UK rents rise as supply falls and house prices remain subdued

Author: Property118.com Landlord News Team

9th November 2023, 2 years ago | 3

The UK rental market is facing a supply-demand imbalance with rents expected to rise by 4% in the next year,...

Student accommodation crisis: rents soar as supply dwindles

Author: Property118.com Landlord News Team

7th November 2023, 2 years ago | 0

The UK’s student accommodation market is facing a crisis, as rents skyrocket, supply falls behind and demand increases, according to...

‘Devastating rent rises’ for tenants as landlords sell up

Author: Property118.com Landlord News Team

6th November 2023, 2 years ago | 8

Private rents have soared in England and Wales over the past year, according to a new report from the Office...

Edinburgh declares housing emergency amid PRS crisis

Author: Property118.com Landlord News Team

2nd November 2023, 2 years ago | 15

Edinburgh has become the first city council in Scotland to declare a housing emergency, as it faces a ‘crisis’ in...

Scotland’s private rent surge sparks fears of a wider rent cap

Author: Property118.com Landlord News Team

1st November 2023, 2 years ago | 5

Average rents in Scotland for new tenancies have risen by double digits for the fourth consecutive quarter, reaching up to...

Rents fall and voids rise in England’s lettings market

Author: Property118.com Landlord News Team

1st November 2023, 2 years ago | 14

The lettings market in England experienced a post-summer slump in October, with rents on new tenancies falling by 11% and...

Renters take on extra jobs to cope with rising rents

Author: Property118.com Landlord News Team

31st October 2023, 2 years ago | 0

Growing numbers of renters are having to work more than one job to make ends meet amid soaring inflation and...

Social housing trust overcharges tenants by £479k

Author: Property118.com Landlord News Team

27th October 2023, 2 years ago | 2

More than 180 tenants of a social housing trust have been overcharged by nearly £500,000, the Regulator of Social Housing...

Michael Gove praises landlords and rejects rent controls

Author: Property118.com Landlord News Team

26th October 2023, 2 years ago | 34

Michael Gove, the Housing Secretary, has expressed his opposition to rent controls at the National Residential Landlords Association’s (NRLA) national...

The most expensive postcodes for rental deposits revealed

Author: Property118.com Landlord News Team

23rd October 2023, 3 years ago | 0

The postcodes with the highest rental deposit costs for tenants in England and Wales have been revealed. The study by...

Tenants finding rent payments harder to afford – ONS

Author: Property118.com Landlord News Team

17th October 2023, 3 years ago | 2

More people are struggling to pay their rent or mortgage in the UK, as housing costs have risen sharply in...

Rising mortgage rates hit landlords hard and could trigger a sell-off

Author: Property118.com Landlord News Team

16th October 2023, 3 years ago | 5

Landlords are now paying £15bn in mortgage interest every year as their cheap buy to let mortgage deals end –...

Many landlords are not passing higher mortgage costs on to tenants

Author: Property118.com Landlord News Team

13th October 2023, 3 years ago | 12

UK landlords are facing mortgage costs rising quicker than rent increases in the past year – but they aren’t passing...

RICS survey reveals rising rents and falling house prices

Author: Property118.com Landlord News Team

13th October 2023, 3 years ago | 2

The UK’s housing market is facing a tough time, with the latest survey from the Royal Institution of Chartered Surveyors...

Renters face ‘bleak’ future as average rent hits record high

Author: Property118.com Landlord News Team

12th October 2023, 3 years ago | 3

Renters in the UK are facing a ‘bleak’ future as the average rent price has reached another record high of...