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5.1 per cent
- According to the Office for National Statistics (ONS), rents across the UK in the 12 months up to June 2023 increased by 5.1 per cent with higher rises recorded in Wales and Scotland. This is the steepest annual increase in private rent since records began in January 2016.
www.independent.co.uk/news/uk/home-news/uk-private-rent-ons-housing-b2378128.html
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UK private rent and house prices. Average UK private rents increased by 8.4% in the 12 months to September 2024 (provisional estimate). This was unchanged from the 12 months to August 2024, and...
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3. Affordability in England and Wales. In financial year...
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Around 4.6 million households use the private rented sector in England with 11 million renters. The private rented sector is now the second biggest tenure of housing in England behind owner occupiers, making around a fifth of all households in the country. The most recent ONS statistics show average rents increased to £1,319 a month in England, £74...
The short answer to why rent is so high is because there is a shortage of affordable housing. There is a housing crisis in the UK because not enough homes have been built by successive governments in the last few decades at a time where social housing stock has been sold off to the private sector through Right to Buyor demolished and not replaced. ...
Rising rents are having an impact – the latest Ministry of Justice (MoJ) figures show the number of tenants evicted by private landlords continuing to surge. A total of 109,538 households have been threatened with a no-fault eviction in the five years since the Tories promised to scrap them. Labour has pledged to abolish them over the next few mont...
Average UK private rents increased by 8.9% in the 12 months to April 2024 (provisional estimate), down from 9.2% in the 12 months to March 2024. Average rents increased to £1,293 (8.9%) in...
Sep 18, 2024 · Home. Official Statistics. Private Rent and House Prices, UK: September 2024. The Price Index of Private Rents (PIPR) produces rent price and inflation statistics for the UK, tracking...
Average UK private rents increased by 9.2% in the 12 months to March 2024 (provisional estimate), up from 9.0% in the 12 months to February 2024. In the 12 months to March 2024, average monthly...
5 days ago · 3. Affordability in England and Wales. In financial year ending (FYE) 31 March 2023, average rent was 34.2% of a median private-renting household income in England (£1,178 rent compared with a £3,448 monthly income). This compares with 27.2% of a median private-renting household income in Wales (£667 rent compared with a £2,452 monthly income).
Mar 20, 2024 · Average monthly rent increases across the UK ranged from 8.8% in England through to 10.9% in Scotland and 9% in Wales. This meant tenants in each country paid an extra £104, £93 or £60 a month...