Buy-to-let Property News, Market
Tenants now spend 36% of income on rent as affordability crisis deepens
Tenants across the UK are now spending an average of 36.3 percent of their income on rent, up from 34.2 percent last year, as rental…
rental costs
Buy-to-let Property News, Market
Rentflation hits young tenants hard, but landlords face increasing pressure
New research from Barclays has revealed that ‘rentflation’ has cost young tenants an extra £1,616 over the past year, highlighting the ongoing strain on renters…
Buy-to-let Property News
Rental market approaching affordability limit, warns Savills expert
As rental costs continue to rise across England, an impending limit on what tenants can afford appears on the horizon. Estate agency Savills has highlighted…
Buy-to-let Property News
House Prices See Uptick as Rental Costs Continue to Rise
In a mixed landscape for the UK housing sector, house prices have experienced a modest resurgence, while rental rates continue to climb, adding pressure to…
Buy-to-let Property News
London’s Rental Landscape Transforms as Outer Boroughs Gain Popularity
Recent data from SpareRoom, a leading UK flatshare website, illustrates a significant shift in rental patterns within London, with burgeoning interest in areas further from…
Buy-to-let Property News
Rent Surge: 9% Increase Nationwide
Recent insights from SpareRoom, indicate a significant upswing in rental costs across the UK, with an average increase of 9% in the first quarter of…
Buy-to-let Property News
Spring Budget Urged to Provide Lifeline for Renters as Costs Spiral
As the Spring Budget draws near, housing experts are pressing Chancellor Jeremy Hunt to prioritise the needs of UK renters, amidst growing concerns over escalating…
Buy-to-let Property News
Rental Prices Soar to Record Highs, Sparking Concerns Over Housing Crisis
The UK is witnessing unprecedented surges in rental costs, with the third quarter of 2023 marking new heights in the ongoing rental crisis. Fresh statistics…
Buy-to-let Property News
Rental Costs Soar, Reaching a Ten-Year High in Affordability Crisis
Rental costs are now consuming 28.4% of average earnings, marking the worst affordability levels seen in a decade. This concerning revelation emerges from Zoopla’s recent…
Buy-to-let Property News
England’s Rental Prices Hit Unprecedented Level
England’s rental market experienced an extraordinary event in July, as average rental costs exceeded £1,300 per property for the first time ever. This milestone, part…
