Build, Baby, Build: The rental market and the rise of the DFL (that’s down from London) Build, Baby, Build A rental market that drains bank balances and instils constant dread of eviction is driving people away from London. The capital can’t survive unless it can sustain its young workers, says Morgan Jones I lived in London for the best part of a decade, and for most of that time assumed that I probably always [...]
Renting remains cheaper than buying in UK as mortgage rates soar Property The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
Empiric Student Property ‘poised for growth’ as rent income rises Property Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.
Nine in 10 landlords raise rents for existing tenants May 20, 2024 Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.
Warnings rental reform could disincentivise landlords as bill returns to House of Lords May 16, 2024 Peers have been warned government moves to bring in rental reform risk making it “less attractive” to be a landlord.
Londoners are working 197 days a year just to pay the rent May 7, 2024 It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]