Rents in large London borough rise by 27% in ONE year

Rents in large London borough rise by 27% in ONE year

Landlords in London are benefitting from double digit increases in rents including one borough where rents have risen by 27%, latest research from Benham and Reeves reveals. Its deep dive into data... Read more »
Landlords drop rents in London amid void warnings

Landlords drop rents in London amid void warnings

Numbers of landlords reducing rents in London have more than doubled recently, new figures show. Latest data from Chestertons reveals a 125% increase in landlords choosing to lower their asking rents last... Read more »
London rents ‘out of control’ with a record-breaking 11 per cent rise in a year

London rents ‘out of control’ with a record-breaking 11 per cent rise in a year

London rents were up 11.2 per cent year-on-year in March 2024, reports the Office for National Statistics (ONS). The private rental crisis in the capital continues, with the highest annual increase since... Read more »
Rents now a third above London’s pre-pandemic avera…

Rents now a third above London’s pre-pandemic avera…

Annual rental growth across prime London slowed slightly to 8.1 per cent in October according to property data firm LonRes.  However, rents are now 33.0 per cent above their 2017-19 pre-pandemic average.  ... Read more »
Rightmove reveals average rents in London and Britain overall | Business News

Rightmove reveals average rents in London and Britain overall | Business News

Rents have again reached a new record high with monthly bills outside London averaging £1,278, according to property website Rightmove. Average advertised rents outside the capital hit the latest high after breaking... Read more »
Rents and Voids produce mixed stats as lettings marke…

Rents and Voids produce mixed stats as lettings marke…

The rental market remained strong in August says PropTech firm Goodlord. Despite average rents dipping marginally after a record breaking July – where average prices broke the £1,300 barrier for the first... Read more »
Agents told to set ‘tracker’ rents that rise with…

Agents told to set ‘tracker’ rents that rise with…

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents for tenants. These are rents that rise in line with landlord... Read more »
Chaos! Lettings chief claims high rents show market n…

Chaos! Lettings chief claims high rents show market n…

A letting platform says what it calls “the rental chaos” of the current market has now end in sight. New data from SpareRoom reveals that room rents rose by 17 per cent... Read more »
Average asking rents hit ANOTHER new high

Average asking rents hit ANOTHER new high

Average asking rents for new tenants outside of London reach another new record this quarter of £1,231 per calendar month. That’s the news from Rightmove, which says the average asking rent for... Read more »
Rents spike and voids plummet in fast and furious mar…

Rents spike and voids plummet in fast and furious mar…

The cost of rent rose in seven of the eight regions monitored by Goodlord during June.  The average cost of rent per property in England is now £1,148. This is up from... Read more »