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 »
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 »
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 »
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 »
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 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 »
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 »
A prominent property law consultancy wants Help To Buy, or similar schemes, to be resurrected. Dutton Gregory Solicitors says that with the Bank of England’s base rate rise to five per cent,... Read more »
An insurance firm claims two thirds of people’s typical budgets are too low to afford the average UK rent of £634 per month. Admiral says renters are hit the hardest in Aberdeen... Read more »
Average room rents rose by 10 per cent or more in every UK region, every London region and almost every major town and city, compared to the start of 2022. Data from... Read more »
