London rents soar 36% in one year – highest increase in Canada

London rents soar 36% in one year – highest increase in Canada

Breadcrumb Trail Links Local News The average asking price in October for a two-bedroom unit in London was $2,161, according to the latest snapshot by Rentals.ca. Photo by SHAUGHN BUTTS /Postmedia Network... Read more »
Rents to outpace house prices for years to come

Rents to outpace house prices for years to come

Rent rises are predicted to outpace house price growth over the next five years.  This is according to Nicky Stevenson, managing director of Fine & Country UK, who says a shortage of... Read more »
Call for housing benefits rise as east London rents soar

Call for housing benefits rise as east London rents soar

Havering Council has called on the Government to raise housing benefits following an investigation that found 97 per cent of housing in outer east London is unaffordable. An investigation by the Bureau... Read more »
Rents soar ahead of frozen benefits, triggering homel…

Rents soar ahead of frozen benefits, triggering homel…

The average gap between housing benefit rates and the actual cost of rents has grown by more than 40 per cent in the last five months, it’s been claimed. Research from the... Read more »
Rising rents push renters towards smaller properties …

Rising rents push renters towards smaller properties …

Renters must be banging their heads against the wall by now as they are being pushed towards smaller properties and lower running costs in the face of higher rents and continuous rising... Read more »
Office Rents In Dubai Rising Faster Than New York, London; Check Details

Office Rents In Dubai Rising Faster Than New York, London; Check Details

For the first time in six years, office rents in Dubai are rebounding. They are rising faster than in New York or London as global banks and businesses expand into this financial... Read more »
Homelessness spike threat as private rents soar even …

Homelessness spike threat as private rents soar even …

London faces a possible homelessness spike this winter due to the cost-of-living crisis and increases in private rents, a group of councils has warned. The cross-party group called London Councils claims that... Read more »
Selling up and raising rents: how landlords are cashing in and exacerbating the cost of living crisis | Ruby Lott-Lavigna

Selling up and raising rents: how landlords are cashing in and exacerbating the cost of living crisis | Ruby Lott-Lavigna

Sarah* had been living with a friend in the same rental flat in south-west London for the past three years. But when she came to renew her tenancy this June, the agency... Read more »
London tenants facing ‘increasingly unaffordable’ rents

London tenants facing ‘increasingly unaffordable’ rents

Private tenants in London are facing “increasingly unaffordable” rents, the homeless charity Shelter has warned, as high demand and a shortage of properties in the capital has led to intense competition to... Read more »
Low supply and rising rents define prime London marke…

Low supply and rising rents define prime London marke…

The rental market across Prime London continues to suffer from a combination of low supply and rapidly rising rents, according to LonRes.   Activity levels – be they new instructions, under offers, or... Read more »