Widening gulf between generation rent and homeowners

11th April 2024 Consumer Collections | #rent rises

New analysis by Lowell shows the widening gulf between generation rent and homeowners. The new data shows tenants in private rental hotspots, like Bristol West, are struggling with loan defaults and resorting to benefits to say afloat, exposing the full, significant impact of rent rises and high housing costs on personal finances. Conversely, areas of…

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One in five properties report 10% rents rise

6th November 2023 Consumer Collections | #rent rises

One in five properties in England and Wales have seen rents rise 10% or more this year, according to latest data from the Office of National Statistics (ONS). ONS researchers check rental prices on average every 12 months in England and nine months in Wales. They found that rents were more likely to have been…

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Average monthly rent outside London now more than £1,000 per month

The average monthly rent outside London has now risen to more than £1,000 per calendar month (pcm) according to research by Hamptons with tenants typically paying 25% on top of what they were paying at start of pandemic. The research found that April 2023 marked a significant milestone in the rental market, as the average…

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