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