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Rightmove plc (RTMVY)

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16.82-0.27 (-1.59%)
At close: 03:54PM EST
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  • The Independent

    Average UK rents jump 9.9% in a year, adding to cost-of-living squeeze

    Landlords are renegotiating ‘cut-price terms’ agreed during pandemic, says Rightmove

  • Reuters

    UK landlords raise rents for new tenants by record 9.9%

    Landlords in Britain increased the rents they advertise to new tenants by the most on record in 2021, according to a survey published on Thursday that underscored the growing cost-of-living squeeze facing many households. Average residential rents for homes advertised on property website Rightmove during the three months to December 2021 were 9.9% higher than in the same quarter a year earlier, the biggest rise since the data series began in 2011. Rightmove said it predicted asking rents across Britain would rise by a further 5% in 2022, pushed up by lack of available properties for renters.

  • The Guardian

    Private rents in Britain rise at fastest rate on record

    Private rents in Britain rise at fastest rate on record . London rents hit record high due to workplace return and overseas students on hunt for housing