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rental crisis

  • Rents near Elizabeth line stations rocket up a third since opening

    May 15, 2025

    Rents for homes near recently-added Elizabeth line stations have shot up by more than a third since 2022 as the housing crisis in the capital continues to intensify. In some locations, prices have risen by more than 70 per cent as demand for well-connected properties soars, according to lettings software firm Goodlord. This rise outstrips [...]

  • Renters Rights Bill may need to tackle the ECHR

    April 18, 2025

    The European Convention on Human Rights could provide a sting in the tail to pushing through the Renters' Rights Bill, explains Neli Borisova.

  • House prices rise at their fastest in two years

    March 26, 2025

    New data shows that in January, house prices rose rapidly in Northern England and Yorkshire. Average UK house prices increased by 4.9 per cent to £269,000 in the 12 months to January 2025, according to the Office for National Statistics (ONS). This annual growth rate is up from 4.6 per cent in the 12 months [...]

  • Five reasons the UK has a housing crisis

    March 12, 2025

    Britain's housing crisis is acute: the nation today has a backlog of 4.3m homes. Here's why.

  • House prices hit record high in January ahead of stamp duty deadline

    February 7, 2025

    According to new data, the average UK house price hit a record high of £299,138 in January ahead of the loss of first-time buyer stamp duty relief in April. House prices rose 0.7 per month on month and three per cent year on year, with London retaining the highest average house price in the UK [...]

  • Grainger: Property giant benefits from higher rents and small landlord exits

    February 5, 2025

    Property giant Grainger has reported double-digit growth in income driven by higher rents and the exit of private landlords from the rental market. Grainger, the UK’s largest listed provider of private rental homes, told markets this morning that total net rental income grew by 15 per cent in the four months to the end of [...]

  • London rents rise again as house prices hold: ‘It is nothing short of brutal’

    December 18, 2024

    Rents in London have continued to show double-digits rises despite a stablisation in the housing market and lower mortgage rates. Average UK private rents increased by 9.1 per cent in the 12 months to November 2024, with rents in London up 11.6 per cent, according to the latest ONS figures. Propertymark chief Nathan Emerson called [...]

  • UK’s biggest residential landlord praises government’s new Renters’ Rights Bill

    September 12, 2024

    The UK’s largest listed residential landlord Grainger has praised the government’s new Renters’ Rights Bill, which was presented in Parliament on Wednesday. If approved, the bill would introduce a range of measures aimed at balancing the scales between tenants and landlords, as the government pledges to “clean up the mess” left in the rental market by [...]

  • Rents rise at slowest rate in nearly three years – but average hits £1,200

    August 21, 2024

    A rise in properties on the market means rents for new lets have grown by their slowest rate in nearly three years this year, and are expected to fall below wage growth for this first time since 2021, an analysis has revealed. Rents for new lets grew by 5.7 per cent in the 12 months [...]

  • Savills: Bank of Mum and Dad to pay out almost £30bn over the next three years

    August 16, 2024

    First-time buyers will receive almost £30bn in financial support from their parents over the next three years as the housing ladder slips increasingly out of reach for independent young buyers. Gifts and loans from the Bank of Mum and Dad totalled £9.4bn in 2023, according to the latest analysis from property firm Savills. This figure [...]

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