Rents hit new records with 17 inquiries per property – Rightmove
8 months ago

Rents hit new records with 17 inquiries per property – Rightmove

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average rent being asked outside London has hit a new record of £1,314 per month, with each property typically receiving 17 inquiries from prospective tenants, according to a website. We need landlord investment to increase stock and help achieve a healthier supply and demand balance in the market Tim Bannister, Rightmove Despite overall rental supply slowly improving from last year, the number of available properties is still below pre-coronavirus pandemic levels, Rightmove said. Rightmove’s director of property science Tim Bannister said: “With 17 inquiries for every available rental property, the market remains out of balance and difficult for tenants. “Support for both tenants and landlords will be key to achieving long-term stability in the rental market.” Richard Lane, chief client officer at debt help charity StepChange, said: “Our research shows that many tenants’ financial situations are becoming increasingly precarious – one in three private renters has used credit to afford their rent in the past year, while one in two private renters is finding it difficult to keep up with bills and credit commitments.” He added: “For those facing rental arrears or financial difficulty, there is specialist support out there for you.

London Help Rent Rightmove 17 Inquiries  rightmove  tenants  records  sign  money  help  property  inquiries  rental  rent  wealth  london  rents  supply  hit  17

History of this topic

Rent costs finally fall outside London but capital hits another record high
1 month, 3 weeks ago

Rent costs finally fall outside London but capital hits another record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average asking rents outside London have fallen for the first …

Mapped: How much rents have gone up in your region as prices hit record high
3 months ago

Mapped: How much rents have gone up in your region as prices hit record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Annual growth in UK house prices and rents has accelerated, …

£6,395 drop in average price tag on a home in December
3 months, 1 week ago

£6,395 drop in average price tag on a home in December

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We are …

Rental costs up £3,240 a year on average since end of pandemic
3 months, 1 week ago

Rental costs up £3,240 a year on average since end of pandemic

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The number …

‘Buyers’ market’ as property asking prices rise more slowly than usual
5 months ago

‘Buyers’ market’ as property asking prices rise more slowly than usual

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Bannister, Rightmove’s director of property science said: “This …

Average rent across the UK reaches record high
5 months, 1 week ago

Average rent across the UK reaches record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. As well as a higher proportion of asking rent reductions, Rightmove also said there …

Asking rents ‘hit fresh records but more properties undergoing price reductions’
5 months, 1 week ago

Asking rents ‘hit fresh records but more properties undergoing price reductions’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asking rents outside London have …

Nearly a fifth of homes on the market have previously been rented – Rightmove
6 months, 2 weeks ago

Nearly a fifth of homes on the market have previously been rented – Rightmove

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This is more than double the 8% of homes …

House prices grow steadily as ‘eye-watering’ rent increases hit
7 months, 1 week ago

House prices grow steadily as ‘eye-watering’ rent increases hit

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The rate at which house prices were rising in the …

It won’t be popular, but there’s only one answer to tackling soaring rents
8 months ago

It won’t be popular, but there’s only one answer to tackling soaring rents

The Independent  

Despite the efforts of successive governments, the dream of home ownership has grown more and more out of reach for years. However, the above figure for average rents, covering the second quarter of the year from property website Rightmove, is up nearly 7 per cent compared with a year earlier. True, the pace of increase has slowed a bit – …

Average rent outside London hits record high – check how your area compares
8 months, 2 weeks ago

Average rent outside London hits record high – check how your area compares

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The new record of £1,316 across Britain, excluding London, means that average advertised rents …

Advertised rents at record highs, but some landlords now being forced to reduce asking prices, Rightmove says
10 months, 3 weeks ago

Advertised rents at record highs, but some landlords now being forced to reduce asking prices, Rightmove says

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. London asking rents were 5.3 per cent higher in the first quarter of 2024 …

Advertised rents ‘hit fresh highs but pace of increases is slowing’
10 months, 3 weeks ago

Advertised rents ‘hit fresh highs but pace of increases is slowing’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. London asking …

Mapped: See how the UK’s record rent rises impact your area
1 year ago

Mapped: See how the UK’s record rent rises impact your area

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “As the cost of living crisis apparently eases, the cost of renting crisis is …

UK rents skyrocket at fastest rate on record, new Office for National Statistics figures show
1 year ago

UK rents skyrocket at fastest rate on record, new Office for National Statistics figures show

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average UK rent increased by 9 per cent in the 12 months to …

Rents outside of London reach record average of £1,280 a month - but hikes are slowing down
1 year, 1 month ago

Rents outside of London reach record average of £1,280 a month - but hikes are slowing down

Daily Mail  

Tenants are showing signs of having hit an 'affordability ceiling' as they fork out record sums in rent, new research suggests. Rightmove revealed the increases and decreases in rental prices around the country Another record: Average asking rents reach £1,280 a month outside London, says Rightmove It is the 16th consecutive record in asking rents outside of London, with tenants …

Average asking rents ‘hit new record high with 11 inquiries typically per home’
1 year, 1 month ago

Average asking rents ‘hit new record high with 11 inquiries typically per home’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We can’t keep seeing double-digit rent rises every year …

Map reveals where rent is highest in UK as costs soar to record high
1 year, 2 months ago

Map reveals where rent is highest in UK as costs soar to record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rents in Scotland increased by 6.3 per cent in the 12 months to December …

Millions ‘putting their lives on hold’ as UK sees record rent rises
1 year, 2 months ago

Millions ‘putting their lives on hold’ as UK sees record rent rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The poll, carried out on behalf of housing association …

‘I thought every day I was going to be homeless’ - Inside the unstable London rental market
1 year, 2 months ago

‘I thought every day I was going to be homeless’ - Inside the unstable London rental market

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Cabinet minister Michael Gove says council planning departments are taking …

Rents set to continue rising sharply despite cost-of-living squeeze, experts say
1 year, 7 months ago

Rents set to continue rising sharply despite cost-of-living squeeze, experts say

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A net balance of 63 per cent of professionals expect rental prices to increase …

UK’s rental shame: Tenants paying four times as much of income as homeowners on housing
1 year, 7 months ago

UK’s rental shame: Tenants paying four times as much of income as homeowners on housing

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Average floor space per renter has fallen by a fifth …

Average London rental costs may soar to £2,700 a month, figures suggest
1 year, 7 months ago

Average London rental costs may soar to £2,700 a month, figures suggest

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average rental costs in London …

Average of 20 viewing requests for each home to rent, says Rightmove
1 year, 7 months ago

Average of 20 viewing requests for each home to rent, says Rightmove

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average …

Rent prices hit new record as tenants facing ‘crisis like never before’
1 year, 8 months ago

Rent prices hit new record as tenants facing ‘crisis like never before’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A charity has said that renters are “facing a crisis …

Average price tag on a home fell by £905 in July – Rightmove
1 year, 8 months ago

Average price tag on a home fell by £905 in July – Rightmove

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. First-time buyers, …

Rental costs now account for over 28% of earnings in decade high – report
1 year, 9 months ago

Rental costs now account for over 28% of earnings in decade high – report

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Renters continue …

Mapped: The areas where rent has gone up the most in the UK
1 year, 10 months ago

Mapped: The areas where rent has gone up the most in the UK

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. According to property website Rightmove, average asking rents outside London have reached £1,190 per …

Rent prices squeezed higher in ‘frenzied’ market while house sales sluggish
1 year, 11 months ago

Rent prices squeezed higher in ‘frenzied’ market while house sales sluggish

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fierce competition for rented properties is squeezing prices higher in …

House prices fall in London – but rents soar 20% in boost for Foxtons
2 years ago

House prices fall in London – but rents soar 20% in boost for Foxtons

The Independent  

Average house prices in London have fallen by 0.9 per cent over the past year, Halifax said – but agents Foxtons said a squeeze in demand has sent rents soaring by 20 per cent. “With average house prices remaining high, housing affordability will continue to feel challenging for many buyers.” London-focused property firm Foxtons cautioned over a more challenging year …

Average monthly rent is £117 higher than a year ago – Zoopla
2 years, 3 months ago

Average monthly rent is £117 higher than a year ago – Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average rent for a …

Almost a million private renters in England are under threat of eviction, new poll finds
2 years, 3 months ago

Almost a million private renters in England are under threat of eviction, new poll finds

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Housing charity Shelter estimates that one in 12 private renters …

Rent prices hit record-high levels with costs up 20% in some areas
2 years, 8 months ago

Rent prices hit record-high levels with costs up 20% in some areas

The Independent  

The average cost of renting a home in the UK has hit a record high, with prices skyrocketing by more than 20 per cent in some areas, according to new figures. In the capital itself, the picture for renters is even starker, with average monthly rents soaring to an eye-watering record high of £2,257, following a rise of 15.8 per …

Housing market demand cooling but prices still heading upwards, say surveyors
2 years, 8 months ago

Housing market demand cooling but prices still heading upwards, say surveyors

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Some 13% of professionals have seen newly agreed house sales fall back and transactions …

30% of homes let in London this year ‘have gone to tenants from outside capital’
2 years, 10 months ago

30% of homes let in London this year ‘have gone to tenants from outside capital’

The Independent  

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Average UK rents jump 9.9% in a year, adding to cost-of-living squeeze
3 years, 1 month ago

Average UK rents jump 9.9% in a year, adding to cost-of-living squeeze

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average rental posted on Rightmove outside London is …

Rental prices increase at fastest rate on record, data suggests
3 years, 1 month ago

Rental prices increase at fastest rate on record, data suggests

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average rental asking price …

Landlords selling up account for almost one in four home sales
3 years, 2 months ago

Landlords selling up account for almost one in four home sales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Landlords leaving the market have …

Value of private rented housing sector jumps 5.8% to £1.4 trillion, report finds
3 years, 6 months ago

Value of private rented housing sector jumps 5.8% to £1.4 trillion, report finds

The Independent  

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Tenants won’t always have it easier, even as renting becomes cheaper than buying
3 years, 9 months ago

Tenants won’t always have it easier, even as renting becomes cheaper than buying

The Independent  

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Average asking rents in London hit record £2,034 as number of available properties drops sharply
6 years, 2 months ago

Average asking rents in London hit record £2,034 as number of available properties drops sharply

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average asking rents in London …

UK housing market registers slowest September growth since 2010
6 years, 5 months ago

UK housing market registers slowest September growth since 2010

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The data suggests higher taxes on landlords are having …

What’s next for Generation Rent?
6 years, 5 months ago

What’s next for Generation Rent?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After adjusting for inflation, average house prices in England …

Campaigners warn of 'rentquake' as analysis reveals amount spent by private renters is approaching parity with mortgage payments
6 years, 9 months ago

Campaigners warn of 'rentquake' as analysis reveals amount spent by private renters is approaching parity with mortgage payments

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Campaigners have warned of a “rentquake” after new figures revealed …

Housing market: Number of buy-to-let landlords reaches record high despite tax hike
6 years, 11 months ago

Housing market: Number of buy-to-let landlords reaches record high despite tax hike

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of buy-to-let investors …

Average UK rents fall for first time in six years amid Brexit uncertainty
8 years ago

Average UK rents fall for first time in six years amid Brexit uncertainty

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Rents will rise faster than house prices over next five years, survey predicts
8 years, 1 month ago

Rents will rise faster than house prices over next five years, survey predicts

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rents are expected to rise faster than house prices over …

Rents continue to rise despite low inflation and stagnant earnings
8 years, 7 months ago

Rents continue to rise despite low inflation and stagnant earnings

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Office for National Statistics found that private rents grew by 2.4 per cent across …

Twice as many private renters being evicted as when David Cameron first came to power
8 years, 10 months ago

Twice as many private renters being evicted as when David Cameron first came to power

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Around double the number of private tenants are been being evicted …

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