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KEYWORD "Average Rent" - 100 RESULTS
Rental market back to normal in Prime Central London says agency

The Prime Central London lettings market is returning to normality, a prominent agency says. JLL says average rents fell 1.4% between Q4...

25 April 2024

From: Breaking News

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

24 April 2024

From: Breaking News

Propertymark guide helps tenants complain and challenge rent rises

A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge...

23 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Demand cools and supply rises - new lettings analysis

Rents rose 9% on average in the UK in Q1 2024 compared to the same period in 2023, says flatshare site SpareRoom. Out...

16 April 2024

From: Breaking News

Tenant demand easing at last says agency chief

The UK's rental market is experiencing a slowdown says a lettings chief. Nicky Stevenson, Managing Director of Fine & Country notes that...

16 April 2024

From: Breaking News

Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Rents over a quarter higher than at the start of Covid - new stats

The latest rental data from PropTech supplier Goodlord has shown that March rents are now up by over 6% year-on-year.  And looking...

05 April 2024

From: Breaking News

Industry boss slams government for ‘grandstanding’ on rent issues

HomeLet and Let Alliance’s chief executive Andy Halstead has called for less “government grandstanding” and more direct action to recognise the...

03 April 2024

From: Breaking News

Government figures show another sharp rent rise

Average UK private rents increased by 9.0% in the 12 months to February 2024 according to the Office for National Statistics. This...

21 March 2024

From: Breaking News

Foxtons issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

12 March 2024

From: Breaking News

Latest Rent Changes and Voids revealed in fresh analysis

The latest Rental Index from PropTech supplier Goodlord has recorded a rent rise and a reduction in void lengths over the...

04 March 2024

From: Breaking News

Top UK cities for 2024 rental potential revealed by industry supplier

Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up...

23 February 2024

From: Breaking News

Renters’ resilience dropping - analyst’s warning

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

21 February 2024

From: Breaking News

Nearly two-thirds more homes to let in Prime London than a year ago

Rental growth across prime London slowed again in January, with average rents falling on a monthly basis for the third time...

16 February 2024

From: Breaking News

Rents Shock - they’ve fallen for the past three months

New data released by insurance firm HomeLet claims that average rents have fallen now for three months on the bounce. The past...

05 February 2024

From: Breaking News

Supply-Demand imbalance eases in prime areas - and rents stall

Savills says prime rental growth across London and the country has stalled for the first time in almost three years. In prime...

29 January 2024

From: Breaking News

Double digit annual rent inflation for five quarters in a row

Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the fifth quarter...

19 January 2024

From: Breaking News

Rent rises outstripping inflation for past nine months - agency analysis

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

15 January 2024

From: Breaking News

Top agent slams latest rent control move as costly and complex

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

12 January 2024

From: Breaking News

Demand easing as rental market edges back to normality

The UK rental market is experiencing a gradual easing in demand, marking a shift from the peak levels witnessed in recent...

10 January 2024

From: Breaking News

Annual rent rise in England still near double digits

The latest rental index from Goodlord shows average rents in England rose nearly nine per cent higher across 2023. In 2022, rents...

09 January 2024

From: Breaking News

2023 goes down as the year of record rents

London has seen the strongest rental growth over the last year according to an analysis by lettings agency Hamptons.   The average rent...

27 December 2023

From: Breaking News

Small autumn dip in London rents as market returns to normality

Data from London-focussed lettings agency Foxtons has found that rent is up eight per cent year-on-year, with the London average now...

15 December 2023

From: Breaking News

Forecast - rental market to see “strong resurgence” next year

Next year will see “a strong resurgence” in the rental market, a leading agent predicts. Nicky Stevenson, Managing Director of Fine &...

12 December 2023

From: Breaking News

Rents soar as new demographics change face of renting in Britain

The total amount of rent paid by tenants in Great Britain this year will hit £85.6 billion - over twice the...

12 December 2023

From: Breaking News

Rental demand staying high despite approach of Christmas

The latest Rental Index from PropTech firm Goodlord has shown that year-on-year rents are up by 7.3 per cent across England...

06 December 2023

From: Breaking News

Revealed - Britain’s worst city for rental availability

New research has identified locations with the largest volume of available rental stock, based on those units at or below the...

23 November 2023

From: Breaking News

Agent’s Affordability Warning - not all tenants will really benefit

A prominent lettings agent says there’s been a definite improvement in rental affordability in most areas - but he doubts all...

21 November 2023

From: Breaking News

It’s Back - London lettings market returning to equilibrium

The London rental market is shifting towards equilibrium for the first time since the end of the pandemic, according to Foxtons. In...

16 November 2023

From: Breaking News

New record rents for three-bed houses and one-bed flats

The lettings market shows little sign of slowing as rents rose 11.7 per cent year-on-year across Britain in October, says the...

14 November 2023

From: Breaking News

At last! Normality in sight for lettings market, insists top agency

Normality appeared on the horizon in the prime London rental market in October according to high end agency Knight Frank.  Average rents...

08 November 2023

From: Breaking News

Shock as Rent Controls backed by Judicial Review decision

There’s been widespread dismay in the industry as the outcome of a Judicial Review has backed the Scottish Government’s objective of...

03 November 2023

From: Breaking News

Surprise as rents drop and voids increase as weather cools

Rents saw an autumn dip in October, following three months of rapidly escalating prices across England.  According to PropTech firm Goodlord the...

03 November 2023

From: Breaking News

Failure! Annual rent rise in double figures despite rent controls

Average rents in Scotland for new tenancies in the private sector have risen by double digits for the fourth quarter in a...

31 October 2023

From: Breaking News

Huge rent rises for Purpose Built Student Accommodation

Rents for student accommodation have increased by an average of 14.6 in two years and swallow up nearly all of the...

27 October 2023

From: Breaking News

Client money accounting made easy with PayProp

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

26 October 2023

From: Sponsored Content

London tenants pay high average deposits, claims supplier

One of the players in the controversial Deposit Alternative field is stepping up its case for this kind of service to...

25 October 2023

From: Breaking News

Annual Rental Growth still in double figures, reports leading agency

Annual rental growth across remained in double-digits during September, with the average cost of a new let up 11.7 per cent...

17 October 2023

From: Breaking News

Pressure from High Demand As Intense As Ever - new stats

Rent levels and voids held steady over the past month with strong demand keeping annual price growth at nearly eight per...

06 October 2023

From: Breaking News

Agents overwhelmed by enquiries for every available property

Letting agents are currently managing 25 email and phone enquiries on average for every property they have to let across Britain,...

05 October 2023

From: Breaking News

Buy to let income up despite rising costs and red tape

Landlords in England and Wales have seen their rental portfolio income increase by 8.7 per cent in the past year.  That’s according...

20 September 2023

From: Breaking News

Yet another record rent rise reported by agency Hamptons

The average rate of annual rental growth on a newly let property in Britain hit 12.0 per cent in August, the...

18 September 2023

From: Breaking News

Agency says London rental market lull down to fewer overseas students

Rental value growth in prime London postcodes declined further in August as supply built and demand cooled.  That’s the view of high...

18 September 2023

From: Breaking News

Deposit Alternative chief says tenants face “incredible challenge”

The average rental deposit in the UK is now £1,434, based on the requirement that a deposit is set at up...

14 September 2023

From: Breaking News

More tenants struggling to pay rent - government figures

More people are struggling to pay their rent according to a new government survey. The study, by the Office for National Statistics,...

12 September 2023

From: Breaking News

Rents and Voids produce mixed stats as lettings market settles

The rental market remained strong in August says PropTech firm Goodlord. Despite average rents dipping marginally after a record breaking July -...

06 September 2023

From: Breaking News

Renting cheaper than mortgages for first time in 13 years

Zoopla’s research team says the rise in mortgage interest rates means it’s now cheaper to rent than to buy for the...

22 August 2023

From: Breaking News

Epic Fail - rents go UP in Scotland, despite government rent controls

Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the third time...

21 August 2023

From: Breaking News

Revealed - the cheapest and dearest places to rent in England

Professional cleaning firm Prompt Cleaners has created a league table of regions and local authorities where renting is cheapest and dearest. The...

16 August 2023

From: Breaking News

Buy To Let yields and capital appreciation show sharp North-South divide

The north of England is outperforming the south when it comes to yields and capital appreciation, a new survey has discovered. In...

16 August 2023

From: Breaking News

Up and Up! Hamptons says rent growth shows no sign of slowing

There are few signs that the pace of rental growth is slackening, warns Hamptons. It says the cost of a new tenancy...

14 August 2023

From: Breaking News

Push on Rent Guarantee Insurance as rents soar - HomeLet

Industry supplier HomeLet says rent guarantee insurance is now heavily advised because rents have reached what it calls an “astonishing” level. Andy...

14 August 2023

From: Breaking News

Joy as London stock supply improves - but no respite for renters yet

The long-awaited supply increase in the prime London lettings market is underway, says high-end agency Knight Frank.  The agency says the underlying...

09 August 2023

From: Breaking News

“Quite Staggering” Rent Rises Last Month - figures

July was a record breaking month for the rental market, claims a PropTech company. Goodlord analyses tens of thousands of completed tenancies...

02 August 2023

From: Breaking News

Massive drop in lettings supply creates new rent rise record

The average rent on a newly let property in Britain rose to £1,273 pcm in June, a new record according to...

19 July 2023

From: Breaking News

Lettings chief says market isn’t working “for anyone”

Rents continue to soar across the UK according to data released by flatshare website SpareRoom.  It says average UK room rents were...

13 July 2023

From: Breaking News

OnTheMarket warns on downside of frantic lets market

OnTheMarket says the frantic lettings market of the past year or more is bad news for agents. In a trading statement to...

11 July 2023

From: Breaking News

Rents spike and voids plummet in fast and furious market

The cost of rent rose in seven of the eight regions monitored by Goodlord during June.  The average cost of rent per...

30 June 2023

From: Breaking News

Parents now charging grown-up children for living at home

New research shows that over half of parents charge their adults children for living at home - although the sums involved...

23 June 2023

From: Breaking News

Summer rents soar with 18% annual rises in places

Data from London-focussed agency Foxtons reveals that average weekly rental prices in May have surpassed the peak of 2022. The average weekly...

16 June 2023

From: Breaking News

Rents to rise throughout summer - agency’s warning

Lettings chain Fine & Country says rents are likely to steadily rise through the summer. Nicky Stevenson, managing director of Fine &...

15 June 2023

From: Breaking News

Market dip as rental growth slows in almost every region

The pace of rental growth cooled in May, with the average rent on a newly let home in Britain rising 9.1...

14 June 2023

From: Breaking News

Rental growth slows in all but one location

The pace of rental growth cooled in May, with the average rent on a newly let home in Britain rising 9.1...

13 June 2023

From: Breaking News

Big drop in new renters as young adults stay with Mum and Dad

Rising rents mean the share of young people leaving the family home and moving into rented accommodation has plunged, says Hamptons...

12 June 2023

From: Breaking News

Room rents increasingly unaffordable, claims new research

An insurance firm claims two thirds of people’s typical budgets are too low to afford the average UK rent of £634...

09 June 2023

From: Breaking News

Average rents pass four-figure milestone as stock shortage goes on

Strong rental growth pushed the average monthly rent on a newly let property outside London up to £1,002 pcm in April,...

19 May 2023

From: Breaking News

No end in sight to supply drought in prime London

One of the high end lettings agencies dominating the prime London rental landscape says there’s no end in sight to the...

11 May 2023

From: Breaking News

Up! Up! Up! Average rents hit another new high

HomeLet has released its latest market figures from April, showing UK average rental prices hitting their highest of all time.  The average...

04 May 2023

From: Breaking News

Revealed - the 414-page end-of-tenancy check out report

A property management firm says it recently compiled a check-out report for a property which was 414 pages in total. The property...

02 May 2023

From: Breaking News

So Much For Rent Controls - figures show increases, not falls

Property portal Citylets says average rents in Scotland rose 12.4 per cent in the past year to £1,007 per month -...

27 April 2023

From: Breaking News

Quids In - massive rise in lettings revenue for Foxtons

London-focussed agency Foxtons has reported a huge leap in revenue from its lettings division. Lettings revenue was up 27 per cent in...

21 April 2023

From: Breaking News

Stock shortages drive double digit rent rises, insists agency

Hamptons says rental growth across Britain in March posted its third ever double-digit increase since the agency records began almost a...

18 April 2023

From: Breaking News

Rents rising again after New Year pause

The latest HomeLet rental index shows that UK average rental prices are continuing to rise after a previous drop in prices...

14 April 2023

From: Breaking News

Rent Controls Backfire - rents have actually RISEN instead...

Scottish rents in the private sector rose at a faster rate than the rest of Britain according to analysis by DJ...

31 March 2023

From: Breaking News

London rents show “unseasonable” early year rise - Foxtons

New figures today from London agency Foxtons show that the average rent in February 2023 rose five per cent from the...

23 March 2023

From: Breaking News

Record high for rents as normal market resumes

Rents across Great Britain hit another record high in February, averaging £1,230 pcm for a newly let home.   The figure - which...

17 March 2023

From: Breaking News

Prime London rents soar but affordability not an issue - claim

The rental market in Prime London continues to suffer from a severe stock shortage according to recent data from property consultancy...

14 March 2023

From: Breaking News

Rent rises to halve by late 2023 says market analyst

Annual rent rises that are currently 10 per cent or more are likely to halve to “mid-single digits” according to a...

10 March 2023

From: Breaking News

Rents up slightly across UK … except for London

The average rent in the UK is now £1,175 per calendar month according to HomeLet. This is a tiny 0.3 per cent...

08 March 2023

From: Breaking News

Lettings instructions dip in London after New Year surge

The number of lettings instructions in London has dropped since the start of the year.  Knight Frank says that compared to the...

01 March 2023

From: Breaking News

Yields rise in areas where rents outstrip capital appreciation

Rental yields have increased by as much as 2.5 per cent in the past year as rent values outperform house prices.  The...

22 February 2023

From: Breaking News

Rental growth shows no sign of slackening, insists top agency

Rental growth is showing no sign of slackening with average rents up 8.3 per cent on the same time last year...

14 February 2023

From: Breaking News

Lettings Market - latest figures for Rents and Voids

The latest Rental Index from Goodlord shows a mixed market with rents holding steady but voids increasing in certain regions. The cost...

02 February 2023

From: Breaking News

Lettings Market - Change clearly on the way, says Knight Frank

The supply of lettings property is finally increasing says Knight Frank. The agency says that in London and elsewhere, mortgage rates and...

01 February 2023

From: Breaking News

Competitive bids wane as market starts stabilising - Rightmove

Average asking rents for new tenants outside London have risen to another new record of £1,172 per calendar month says Rightmove. This...

30 January 2023

From: Breaking News

Foxtons reveals rental figures for 2022 - a record high

New figures from London-focussed agency Foxtons show that rents climbed steadily throughout 2022, finishing 20 per cent higher than in 2021.  High...

19 January 2023

From: Breaking News

Largest lettings agency hosts open day for new branch tomorrow

The largest lettings agency in Scotland, DJ Alexander Ltd, has opened new premises in Glasgow.  It employed 20 people and lettings director...

18 January 2023

From: Breaking News

Rent rises fail to keep up with inflation says leading agency

The average rent on a newly let home in Britain is £1,216 pcm in December, 7.7 per cent up on a...

17 January 2023

From: Breaking News

Supply shortage set to get worse in 2023 - warning

New data from flatshare site SpareRoom reveals that rents reached an all-time high in Q4 2022, with the average UK room...

16 January 2023

From: Breaking News

Prime Central London's rental capital revealed by agent

A new analysis by agency and property consultancy JLL has revealed which borough within Prime Central London has the highest concentration...

12 January 2023

From: Breaking News

Rents drop as lettings market hunkers down for winter

The average rent in the UK is now £1,174 pcm, down 0.1 per cent from December after seeing the first month-on-month...

06 January 2023

From: Breaking News

Winter dip in rents but voids still low across UK

The rental market remained relatively steady in recent weeks, according to the latest index from PropTech firm Goodlord. Void periods have remained...

05 January 2023

From: Breaking News

Shocking figures on supply of prime rental properties

New figures released after Christmas by Knight Frank show that the number of new prospective tenants is 26.7 per cent above...

29 December 2022

From: Breaking News

Rent Wrench - Tenants really worried about ability to pay

A new survey by HomeLet and Dataloft shows that of 12,000 tenants questioned, over three quarters are worried about the cost...

28 December 2022

From: Breaking News

Rents stalling in London as market cools slightly - Foxtons

Foxtons says London’s market is finally cooling - at least a little - for the Christmas period. November followed the seasonal downward...

22 December 2022

From: Breaking News

Same Old Story - Prime London rents soars as stock shortage goes on

The latest market snapshot by London-focussed data company LonRes shows that a shortage of homes available to rent across all parts...

16 December 2022

From: Breaking News

Actual rent rises may be below figures in surveys - claim

PropTech firm PayProp UK claims actual rent rises may be well below those suggested in some surveys. In response to the Scottish...

15 December 2022

From: Breaking News

Best rental returns are outside Southern England says agency

Annual rental growth strengthened for the third month running, with average rents up 7.9 per cent across Britain on the same...

14 December 2022

From: Breaking News

Rent rises for renewed tenancies far lower than for new ones

The average rent for a new letting has increased by £117 per month since last year, reaching £1,078 per calendar month...

09 December 2022

From: Breaking News

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