Tag: UK rental market
Rents continue to fall as market cools down
England’s private rented sector (PRS) saw rents continuing to soften in November, with average prices dipping nearly 3% month-on-month,
The landlord exodus is fuelling a rental crisis
The UK’s private rented sector (PRS) is teetering on the brink of a full-blown crisis, with a surge in tenant demand and a dwindling...
The UK’s PRS diverges with London slumping and othe...
The UK’s rental market has a stark regional divide, with London experiencing significant declines in rent prices, while Wales...
JLL forecasts a 17% rent rise over the next five years
Despite a rapid rise in rents over the past three years, real estate firm JLL is forecasting that rents will increase by 17% over the...
Local Housing Allowance Freeze: Rising Rents and Decrease...
In the 2023 Autumn Statement, the government announced an end to a four-year freeze in local housing allowance rates (LHA) rates.
However,
Surprise 12% drop in asking rents as market cools
The UK’s private rented sector experienced a significant shift in October with asking rents dropping by 12.6% compared to the...
Rent prices skyrocket as majority of UK becomes unafforda...
Rent prices have soared within the last five years as renters struggle to find an affordable place to live, according to a new survey.