renting

Rental growth in UK slowed in second half of 2016

Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading

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More than half of tenants in UK private rented sector cannot afford to buy

More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading

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Rents outside of London reach average of £750 a month, latest index shows

Renting a home is becoming more expensive in the UK outside of London as rent paid rises and pay falls, the latest letting index suggests. The average rent paid for a residential property outside the capital city was £750 in December and increased by 2.04% over 2016, according to the Landbay rental index. The index […] The post Rents outside of London reach average of £750 a month, latest index shows appeared first on PropertyWire . Continue reading

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