rental market

Rental Market

Rental Market not enough Supply

A worrying trend of the last few months has been a distinct lack of suitable property available to rent. There are numerous reports of tenants queueing up and competing for the right property and in some cases ANY property. The government needs to take this worrying trend on board and stop constantly bombarding landlords with extra legislation. If the number of landlords as predicted (around...

Rental

ONE YEAR ON: LONDON RENTS & DEMAND CONTINUE TO FALL

Flatshare site SpareRoom has released its quarterly rental index which reveals London has seen a significant decline in room rents for four consecutive quarters, down 8% between Q1 2020 and Q1 2021, one year on from the beginning of the pandemic.

In fact, every London region was down year on year with the West Central region seeing the biggest drop in rents (-20%), followed by East...

Renting

Pandemic Rent Squeeze - London Tenants See Better Value During Covid

Research by London lettings and estate agent, Benham and Reeves , has found that rental affordability across London has actually improved during the pandemic where the percentage of income required to cover rental outgoings is concerned.

Benham and Reeves analysed the rent to income ratio prior to the pandemic and found that across London, 64.4% of the average net monthly earnings...

Renting

UK ranks as one of Europe’s most affordable rental markets

The latest research from the international rental marketplace, Spotahome , has revealed which pocket of the European rental market currently offers the most affordable option where both rental price and the average net income available are concerned.

Spotahome analysed the average net monthly income and the average rental cost of living in each EU nation, as well as the UK, to see...