Published 07/03/2024 10:01:00 a.m.

Private rents in Great Britain hit record high, data shows

Summary

Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties. Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said.

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The Independent

Average rent outside London hits record high – check how your area compares

In London, the average advertised rent is £2,652 per month

07/02/2024 11:01:00 p.m.·London, United Kingdom

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The Telegraph

Rents hit record high amid landlord exodus

Labour urged to encourage property investors to buy more homes

07/03/2024 4:00:00 a.m.·London, United Kingdom

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Bloomberg

London’s Sky-High Home Rents Finally Growing Slower Than Wages

London’s home rental crisis showed early signs of easing after a surge in available properties led to the joint-smallest increase in advertised rents across Britain.

07/02/2024 11:01:00 p.m.·United States

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City AM

London rent rises as price outside the capital reaches record high

The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove. The average monthly rent being asked outside London hit £1,316, seven per cent higher than a year earlier, according to Rightmove’s analysis covering the month of May. In London, the average advertised rent is £2,652 per month, which is four per cent higher than a year earlier, the figures show. W…

07/02/2024 11:00:00 p.m.·London, United Kingdom

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Europe Says

Private rents in Great Britain hit record high, data shows

Private rents in Great Britain hit record high, data shows https://www.theguardian.com/money/article/2024/jul/03/private-rents-in-great-britain-hit-record-high-data-shows by peakedtooearly

07/03/2024 6:23:06 a.m.

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