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UK Private Rents Fall for First Time in Five Years
Average private rents in Great Britain fell 0.2% year-on-year in July 2024, the first annual decline since August 2020, driven by lower mortgage rates affecting both landlords and tenants; however, this masks regional variations, with some areas still experiencing rent increases.
UK Private Rents Fall for First Time in Five Years
Average private rents in Great Britain fell 0.2% year-on-year in July 2024, the first annual decline since August 2020, driven by lower mortgage rates affecting both landlords and tenants; however, this masks regional variations, with some areas still experiencing rent increases.
Progress
32% Bias Score
Record High English Rent Prices: 9.3% Year-on-Year Increase
English private rental prices hit a record high in November 2024, increasing by 9.3% year-on-year to an average of £1,362 per month, with London seeing the largest rise at 11.6%, driven by a shortage of rental properties and landlords exiting the market.
Record High English Rent Prices: 9.3% Year-on-Year Increase
English private rental prices hit a record high in November 2024, increasing by 9.3% year-on-year to an average of £1,362 per month, with London seeing the largest rise at 11.6%, driven by a shortage of rental properties and landlords exiting the market.
Progress
36% Bias Score
Showing 1 to 2 of 2 results