Tagged: affordable rent

Dramatic rise in private sector rent arrears

Dramatic rise in private sector rent arrears

Figures from Your Move and Reeds Rains show that 74,000 private sector tenants now owe more than two months’ rent. This represents an increase of 4.4% compared to three months ago and is 7.2%...




Tax break cuts could force 1 in 5 landlords out of business

Tax break cuts could force 1 in 5 landlords out of business

The Annual Landlord Report, produced by Access Legal has revealed that a fifth of landlords will be out of business in the next two years due to tax break cuts announced by the government....




Only 40% of rooms available for students

Only 40% of rooms available for students

New data from SpareRoom has revealed that just 40% of rooms in existing house and flat shares in the UK’s university top 25 cities are available to students, because some landlords are unwilling to...




Pace of rent rises slows but for how long?

Pace of rent rises slows but for how long?

The latest findings from the HomeLet Rental Index show that the average UK rent on new tenancies increased by 1.6 per cent in the three months to August 2015, compared to a rise of 2.2...




50% increase in evictions over past 4 years

50% increase in evictions over past 4 years

According to figures published by the Ministry of Justice in August 2015, 0ver 43,000 households in rented housing in England and Wales were evicted by county court bailiffs in the 12 months to June, representing...




South West and Scotland lead on rent rises

South West and Scotland lead on rent rises

Rents rose faster in the South West of England and Scotland than anywhere else in the UK over the three months to July 2015, according to the latest index from HomeLet. The average rent...




New tax rules will negatively impact both tenants and the economy

New tax rules will negatively impact both tenants and the economy

An opinion piece in London’s daily business newspaper, City A.M., focuses on the remarks made by the chancellor in this recent budget statement that buy-to-let landlords have a huge advantage in the market as...




Rents jump as tenant demand hits all-time high

Rents jump as tenant demand hits all-time high

New figures from Rightmove suggest growing affordability issues for tenants priced out of the house purchase market.  Sam Mitchell, head of lettings at Rightmove, said: “Rents have grown this quarter in nearly all regions...




Tenants hit by rent increases

Tenants hit by rent increases

Research by Ocean Finance found that 60% of tenants claim that their rent has been increased at the end of their tenancy. The average such increase was £84 per month. 13% of tenants also...