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KEYWORD "Average Rents" - 100 RESULTS
Jitters: Reform Bill failure and July Election hit lettings market

Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...

12 June 2024

From: Breaking News

Rents may be rising again over the summer - new prediction

The latest Rental Index from PropTech platform Goodlord shows rents hit their highest levels since October over the last month.  Rents across...

05 June 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

16 May 2024

From: Breaking News

Tenants pushing back against large rent rises: Knight Frank

Rental growth in prime London postcodes has narrowed to levels last seen in the summer of 2021, says Knight Frank.  Average rents...

08 May 2024

From: Breaking News

Rent rises moderating as market stabilises ahead of summer

The latest Rental Index from Goodlord reveals that rents are now up by 5.7% over the year.  The price per property over...

02 May 2024

From: Breaking News

50,000 new rental homes needed to meet historic demand - Rightmove

Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest...

30 April 2024

From: Breaking News

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Brace! Brace! Rent bombshell in New Year warns property chief

Tenants should brace themselves for soaring rents in the New Year, a property expert warns.  The National Association of Property Buyers predicts...

18 November 2022

From: Breaking News

Rents pass new milestone as market remains red hot

The average rent on a newly let home in Britain rose has hit £1,204 pcm - passing the £1,200 mark for...

14 November 2022

From: Breaking News

Rents still rising but early signs of a slowing market

HomeLet has released its latest rental figures - and they show the market remaining strong. In October the average rent in the...

04 November 2022

From: Breaking News

Supply shortage goes on, pushing rents to another record high

September saw the highest average rental costs ever recorded by Goodlord, according to the PropTech firm’s latest index.  With the previous record...

04 October 2022

From: Breaking News

Another big monthly leap in typical rents, says HomeLet

The typical rent across the UK has seen another large monthly leap - this time by 1.4 per cent in August...

05 September 2022

From: Breaking News

Homelessness spike threat as private rents soar even higher - claim

London faces a possible homelessness spike this winter due to the cost-of-living crisis and increases in private rents, a group of...

05 September 2022

From: Breaking News

City rents play catch-up but lettings market slowdown continues

Rents across Great Britain rose by an average of 8.3 per cent over the last 12 months, marking a gradual slowdown...

23 August 2022

From: Breaking News

Price shock for renters renewing tenancies, warns agency

London-focussed lettings agency Benham and Reeves says renters who secured bargain properties during the pandemic now face huge rent rises when...

28 July 2022

From: Breaking News

New rental record set after strong increase last month

The average rent in the UK reaches £1,113  pcm, up almost 1.0 per cent in the past month. When London is excluded,...

05 July 2022

From: Breaking News

London Calling! Rents up faster in the capital than anywhere else in Britain

For the first time since November 2019, rents in London grew faster than any other region in the country.   That’s the claim...

22 June 2022

From: Breaking News

Labour pushing for even more radical reforms plus rent controls

The sweeping reforms for the private rental sector announced by the government at the end of last week do not go...

21 June 2022

From: Breaking News

Rising Rents - Another milestone reached after monthly increase

The average rent in the UK has hit another record high of £1,103 per calendar month after a 1.1 per cent...

08 June 2022

From: Breaking News

Stock shortage still the defining factor in Prime London - LonRes

Rents in Prime London are still rising rapidly and the number of new lettings is limited thanks to the lack of...

06 June 2022

From: Breaking News

Hot Market: many tenants pay above asking rents to secure properties

Average UK rents have increased for the sixth consecutive quarter - but some tenants are paying above the going rate to...

26 April 2022

From: Breaking News

Voids plummet as rents rise according to latest market snapshot

There’s been a big rise in rents and a large drop in voids in the past month according to PropTech supplier...

11 April 2022

From: Breaking News

Soaring inflation could trigger major arrears problem - warning

A player in the rental insurance field is warning that the growing cost of living crisis makes it more important than...

04 March 2022

From: Breaking News

Ideological attack on rental sector underway, warns leading agent

A prominent lettings agency chief says a consultation looking at changes to private renting proposed by the Scottish Government is merely...

18 February 2022

From: Breaking News

Huge 22.5 per cent rent rise in prime London, says LonRes

Rents in prime areas of London are rocketing at an annual level of 22.5 per cent according to LonRes.  Despite the falls...

15 February 2022

From: Breaking News

Rents still booming - growth hits 13 year high according to Zoopla

The rental market continues to boom despite the growing cost of living crisis, with average rents rising at a 13 year...

09 February 2022

From: Breaking News

New record average rent - but increase is below inflation rate

The latest lettings market snapshot from HomeLet suggests another record average UK monthly rent level of £1,064 pcm - up a...

03 February 2022

From: Breaking News

Up! Up! Up! - Rents rise for the fifth consecutive quarter

Average UK rents increased for the fifth consecutive quarter in Q4 2021 according to The Deposit Protection Service, as stock shortages...

21 January 2022

From: Breaking News

Rent rises double in a year according to latest agency data

Rents are rising at around twice the level of a year ago according to data from Connells-owned lettings agency Hamptons. Despite rental...

18 January 2022

From: Breaking News

Top rental investment locations - where’s hot and where’s not

A new Buy To Let ‘tracker’ from a prominent buy to let mortgage lender has revealed what it considers to be...

07 December 2021

From: Breaking News

Big regional rent differences continue as ‘Covid-effect’ rumbles on

The latest market snapshot from lettings agency Hamptons suggests that rents have risen, nationally, 7.9 per cent over the last 12 months. It...

22 November 2021

From: Breaking News

Average rents dip from last month but still showing big annual hike

HomeLet says the average rent in the UK is now £1,059, down a modest 0.2 per cent from a month ago. However, the...

02 November 2021

From: Breaking News

Race For Space means rents soaring on detached houses

Rents for detached homes increased twice as fast as the average for all UK properties during Q3 2021 says the Deposit...

14 October 2021

From: Breaking News

London Rental Recovery: demand picks up at last in the capital

One of the most pessimistic lettings operations about the London market during the pandemic says that at last the capital is...

30 July 2021

From: Breaking News

Rents show another modest rise across UK - with London an exception

Average rents in London declined during the second quarter of 2021, according to the latest market snapshot from the  Deposit Protection...

07 July 2021

From: Breaking News

Large scale recovery underway in London’s rental market

There’s a large scale recovery underway in London’s rental sector according to the website Home. The site says that while average rents...

17 June 2021

From: Breaking News

Rents soar outside London - but dip in the capital itself

The latest rental market snapshot produced by HomeLet shows average rents outside of London soaring to higher levels and dropping in the capital itself.  The...

04 June 2021

From: Breaking News

Rents soar 20% in parts of London this year alone, says agency

Rents in London have risen an average six per cent this year, a leading agency claims - and some areas are...

21 May 2021

From: Breaking News

Rental market outside London rising at three year high

Zoopla says rents outside London are rising at an average three per cent per year, the highest level since late 2018. However...

12 May 2021

From: Breaking News

Collapse in supply of houses listed for rent in prime London

High-end lettings agency Knight Frank says there’s been a huge loss of houses available for renters in prime London in the...

10 May 2021

From: Breaking News

Booming demand for suburbs according to buy to let specialist

Booming demand for homes in commuter zones and well-connected towns is causing a mini-boom in the lettings market. That’s the view of...

20 April 2021

From: Breaking News

Is London’s rental market stabilising at last?

London rents climbed for the first time for over a year during Q1 2021 —although the rise was a mere £8...

15 April 2021

From: Breaking News

Rental collapse in prime central London nears the end, claims agency

Average rents in prime central London declined 14.3 per cent in the year to March - but one agency reckons that may be...

14 April 2021

From: Breaking News

Rents up again - fourth increase in four months

Average rents across the UK have risen for the fourth time in as many months according to the HomeLet index. Typical rent...

07 April 2021

From: Breaking News

Foxtons’ naked ambition - it wants to buy more lettings books

Foxtons has made no bones about how it sees future growth - it wants to acquire lettings books from other agencies. “There...

11 March 2021

From: Breaking News

Agents advised to check for damage as ‘pro-pet’ momentum builds

An inventory supplier to the lettings industry is advising agents to make sure they spot early signs of pet damage in...

05 March 2021

From: Breaking News

Covid is forcing rental market into a ‘once in a lifetime change’

The fall out from Coronavirus is forcing the rental market into a once in a lifetime change as tenants reassess priorities. This...

09 February 2021

From: Breaking News

Rents tumble in prime London and will continue to do so, warns agency

Average rents in prime central London fell 13 per cent in the year to January as over-supply still dominated the market, according...

04 February 2021

From: Breaking News

Voids increase across the board but market otherwise proving resilient

The latest market snapshot for the private lettings sector shows rents holding steady into 2021 but voids increasing across the board. The...

02 February 2021

From: Breaking News

City centre rental premium quantified - but how long will it last?

A survey by a personal finance service has identified the traditional premium for a city centre rental property, and attempts to...

19 January 2021

From: Breaking News

2020 ends on low note for prime London lettings

Higher levels of supply and weaker demand have dominated prime London lettings markets this month says Knight Frank. This meant that average...

23 December 2020

From: Breaking News

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