Posts Tagged 'Rental'

Does the future of the UK’s rental market lie in the hands of the Build-to-Rent sector?

Does the future of the UK’s rental market lie in the hands of the Build-to-Rent sector?

As the UK government addresses the housing crisis, there have been calls for the current state of the rental sector to be addressed.

According to ResPublica, in 2015, the private rental sector (PRS) accounted for 22% of all UK households.

This number is expected to grow, with the experts at PwC predicting that around 59% of 24 to 30 year olds in England will rent private accommodation by 2025.

The cutting shortage of housing in the UK is very clear.

Since 2004, house building ...

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UK rental price increases shows no sign of slowing

UK rental price increases shows no sign of slowing

Latest figures from the Office for National Statistics (ONS) show that average UK rental price rose by 2.6 percent in the year to April 2016.

The increase was highest in England where rent rose 2.8 percent during the period. Scotland and Wales saw lesser increases at 0.5 and 0.2 percent respectively.

In the year up to April 2016, all the nine English regions saw an increase in private rental price.

Locally, London recorded the highest annual rental price increase at 3.7 percent, followed ...

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