rent increases

Half of tenants have seen rents rise since Renters’ Rights Bill announcement

20th August 2025 Consumer Collections | #rent increases

A new study by Go Compare has suggested that the announcement of the Renters’ Rights Bill may have triggered a surge in rent hikes across England, with more than half of tenants (53%) experiencing a rent increase since September last year, when the bill was first introduced to Parliament. In comparison, just 38% saw a…

Rentals increase by 7%

19th June 2025 Consumer Lending | #rent increases

Latest ONS data has shown that the average cost of monthly private rents increased by 7%, to £1,339, in the 12 months to May 2025 (provisional estimate); this annual growth rate is down from 7.4% in the 12 months to April 2025. The data showed that average rents increased to £1,394 (7.1%) in England, £799…

Rents increase 6.6%

10th June 2024 Consumer Lending | #rent increases

Research by Zoopla has found that rental growth has slowed to 6.6%. The analysis showed that rental demand has softened over the last year but there are still 15 people chasing every home for rent, more than double the pre-pandemic average of 6 people. Available supply has grown by almost a fifth over the last…

Seven in ten landlords plan to increase rent when remortgaging

17th February 2023 Consumer Lending | #rent increases

Almost seven in ten (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from Landbay has revealed. The research found that 44% of landlords said they expect to increase rent by 6-10% if their mortgage rate increases. Of those who intend to raise rents, 70%…

Rents rise at fastest rate in seven years

11th January 2023 Consumer Collections | #rent increases

Latest Office for National Statistics (ONS) figures shows that tenants renting from private landlords have seen the highest rise in rents since comparable records began seven years ago. Rents rose 4% last year as landlords passed on the costs of higher mortgage rates. A poll of tenants surveyed in December saw a quarter say their…

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