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KEYWORD "Average Rent" - 100 RESULTS
Rental yields up to 7.8% in parts of capital city

Edinburgh-based property portal ESPC has revealed the top-performing Edinburgh postcodes in terms of rental yields, for the second quarter of 2024. The...

29 August 2024

From: Breaking News

Agents slam politicians for new law allowing rent controls

Propertymark has come out with a strongly-worded statement accusing politicians in the Scottish Parliament of ignoring the industry’s views on rent...

20 August 2024

From: Breaking News

Prime London rental market sluggish with lets agreed dipping

London-focussed property data firm LonRes, which analysis activity in the prime areas of the capital, says annual rental growth increased to...

19 August 2024

From: Breaking News

Tenants in ‘misery’ thanks to high rents - claim

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

16 August 2024

From: Breaking News

Arrears reach new high, says deposit alternative supplier

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

16 August 2024

From: Breaking News

Buy to let high-yield hotspots revealed by agency

Lettings agency chain Lomond has revealed a list of what it calls “up and coming rental hotspots” with yields having strengthened...

14 August 2024

From: Breaking News

Buy To Let yields rise for HMOs and company landlords

Landlords generated average rental yields of 6.3% in the second quarter of the year, research for Paragon’s latest PRS Trends Report...

09 August 2024

From: Breaking News

Rightmove says big rise in rental supply still nothing like enough

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is...

23 July 2024

From: Breaking News

Double digit annual rent rises still happening in some areas

The low supply of rental homes continues to put upward pressure on rents, reports Hamptons.   The average tenant paid £1,347 pcm to...

23 July 2024

From: Breaking News

Prime London lettings markets boosted by summer surge

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to...

16 July 2024

From: Breaking News

Expect more rent rises in July following long-term trend

Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index.  The Index, which analyses...

02 July 2024

From: Breaking News

Renters Reform Bill flop allows lettings market to return to normal

An increase in property listings is helping to create a more normalised market which is a welcome relief to renters, landlords...

18 June 2024

From: Breaking News

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

We Can’t Pay More! Affordability crisis dents London lettings market

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

11 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

Rental growth forecasts cut as supply catches up with demand

Knight Frank says the normalisation of supply and demand in Prime London has happened more quickly than anticipated, forcing it to...

28 May 2024

From: Breaking News

Looking Up! Foxtons internal data shows rental sentiment improving

Internal data from Foxtons, London’s largest lettings agent, indicates sentiment may be improving across the capital as data shows a 12%...

24 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 May 2024

From: Breaking News

Labour split as MP defies party policy and calls for rent controls

A Labour MP is calling for rent controls to be introduced, with powers for councils to tweak them as they see...

17 May 2024

From: Breaking News

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

16 May 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

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

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