Rising rents, a doubling of tenant applications and a shortage of housing stock continues to put pressure on the Private Rental Sector in the UK, according to the latest lettings index report.
Practice has emerged since new law designed to save renters in England money
Rental value growth in prime central London has been broadly flat over the last 12 months, underpinned by the fact demand has grown faster than supply, the latest sector report says.
Rents in the UK’s private rented sector increased to a record high in July for a third consecutive month, the latest figures from letting agents shows.
The average adult in Britain will pay out more than £63,000 in rent before they get onto the property ladder, a new study has found.
Rents paid by university students have been rising by about double the rate of inflation for years
Harder for teachers, nurses and police to keep pace with England’s housing costs – PwC
The average rent in the UK increased by 2.3% in the year to July 2019 to £959, with growth covering all regions, the latest lettings index shows.
Rents increased in four regions in England and Wales in June with the monthly average rising by almost 6% in both Wales and the South West but falling by over 6% in South East, the latest index shows.
Providing that there is no hard Brexit, office rents in London, particularly the West End, Midtown and South Bank markets, are set to rise during the second half of 2020, according to a new analysis report.
Landlords can refuse potential tenants with children when letting out a UK property, which has prompted complaints from some of those turned down.
Rents are rising at the fastest rate since 2017, pushing the average yield on residential property to 4.5%, its highest in two years, new research shows, while in London they are at their highest since 2015.
Rents across the UK have risen by 8% during the three months covering the introduction of the fees ban, says renting platform IdealFlatmate.
Residential rents in the UK increased by 1.8% year on year in the 12 months to June 2019 and are now up 13.9% compared with five years ago, the latest rental index shows.
Cities say short-term holiday lettings market is contributing to soaring long-term rents
Activity in the prime lettings market in London is picking up with viewing up substantially in the 12 months to May 2019, the latest sector analysis shows.
Rents in Scotland increased by 1.7% in the year to May 2019 with four out of five regions recording growth, taking the average to £582 per calendar month, the latest lettings index shows.
Scores of complaints have been made about rented properties on royal land and tenants have faced more than 100 evictions, a Guardian investigation has found, prompting anger over how the Queen’s £14bn property portfolio is managed.
It’s a landlords’ market these days, which means Generation Rent has to abide by some frankly bizarre stipulations
Shock announcement by Lewisham council would see all landlords within its boundaries pay up to £750 every five years.
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