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Survey suggests tenants in UK cannot afford further rent rises

Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading

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UK urgently needs 1.8 million new rental homes by 2025

Some 1.8 million new rental homes are needed urgently in the UK where the housing market is experiencing a sharp drop in the number of available properties to rent. The housing shortage has been well documented and the Government has put building new homes for sale at the top of its housing agenda but new […] The post UK urgently needs 1.8 million new rental homes by 2025 appeared first on PropertyWire . Continue reading

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Over half of UK landlords set to raise rents due to tax changes

Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading

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