London has seen the largest increase in rental affordability over the last five years, according to lettings and estate agent Benham and Reeves. This is despite the capital remaining the least affordable city for renters. The Benham and Reeves analysis looked at ONS data which measured rents against income, revealing
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). The figure was one in four in London where rents have soared as landlords sell up and tenants multiply. The ONS data look at prices and behaviour in the
Property portal Rightmove has stated that asking rents across Britain will rise a further 5% in 2023 because of the ongoing imbalance between the number of those looking to rent and the number of rental properties available
The rent in the city has reached an all-time high as the surge in demand collided with a steep drop in supply, as students and workers move back to the city after Covid-19.
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