Nearly Half of Landlords Plan to Raise Rents by £888 This Year

Nearly half of landlords plan to raise rents by £888 this year

Tenants could see their rents increase before the Renters’ Rights Bill comes into force (Picture: Getty) Listen to article Listen to article Your browser does not support the audio element. Nearly half of buy-to-let landlords in Britain plan to increase the rent they charge because of the Renters’ Rights Bill, research shows. The bill, brought in by Labour and set to come into force this year, means landlo…

Nearly half of landlords to raise rent ahead of Renters' Rights Bill

Nearly half of all landlords are planning to put the rent up ahead of the Renters’ Rights Bill becoming law as expected later this year. Buy-to-let lender Landbay found that 44% of buy-to-let property owners want to raise rents before the bill is enacted. Most likely Landlords with portfolios of between four and 10 properties are most likely to increase their rent (32%), closely followed by those with between 16 and 30 properties (28%), Landbay …

Landlords plan rent rises ahead of reforms

More than 40% of landlords plan to increase rents in response to measures due to be introduced by the Renters’ Rights Bill.

Landlords plan £74 monthly rent increase ahead of Renters' Rights Bill

More than 40% of landlords plan to increase rents in response to measures due to be introduced by the Renters’ Rights Bill.

Almost half of landlords aim to hike rents before Renters’ Rights Bill – Mortgage Finance Gazette

Nearly half of the UK’s BTL landlords (44%) intend to put up rent in response to the new Renters’ Rights Bill, according to a new survey from Landbay. Of those who are raising rents specifically because of the Renters’ Rights Bill, landlords with portfolios of… The post Almost half of landlords aim to hike rents before Renters’ Rights Bill appeared first on Mortgage Finance Gazette.