Cost to rent a home jumps largest-ever amount in past year, says statistics body

17 comments
  1. When will the Tories come out and tell landlords to stop increasing rents to help stop inflationary pressures? Or does this logic only work for low waged workers?

  2. “The average monthly rent in England, between April 2021 and March this year, also hit the highest ever recorded at £795”

    Is this for a room, a house, or both averaged together ?

  3. I wonder whether the squeezes on landlords which caused many to sell off their properties has caused a shortage in available rental properties and thus a price increase ?

  4. My rent went up from £725 to £950 this year. It would cost me less than half this to buy my own house, but there seem to be a million hurdles in the way for first time buyers, not least of which being buy to let landlords snapping up the houses in my price range… *Sigh* four months and two failed purchases later I’m basically being held ransom in the rental system pissing money away every month 🙁

  5. I mean (I don’t like seeing an increase in rent) but with inflation & a recession coming I’m not surprised 😶

  6. Surely landlords provide a valuable service in this free market for those who either cannot afford to buy themselves or choose to rent for many other reasons?

  7. Isn’t the expense determined by the market? They would be foolish to price lower than their peers for the same thing and the buyer is free to find the lowest price in the market. This is how a free market works.

  8. This is what 99% of this sub wanted wasn’t it? They all want open borders with mass unchecked invasions, and then cry when landlords take advantage of Abdul and his 7 adult mates all chipping in for the £1500 rent a month. You want to import the third world then stop acting like being able to leave home at 20, start a family and get a mortgage is a normal thing any more, start living like Abdul or stay at home with Mum and Dad until you’re 42.

    Or if that doesn’t help, pick one of the following topics and moan about it on Reddit: Tories, Brexit, Putin, Trump.

  9. At 19yrs old I’m pretty pessimistic about housing at this point, I mean what the hell is my generation supposed to do!?

  10. just because you have given up and are waiting for the flames of the end of world doesn’t mean everyone has. The reds may get in but then the blues will get back in after, this is how balance is achieved in this country, a left swing followed by a right swing. Like you say nothing is really going to change on housing without supply exceeding demand. With or without landlords property prices will always be high and look impossible. There’s not going to be the revolution you’re hoping for.

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