Property News · April 19, 2016

How much does it cost to rent in the UK? Share your experiences


We want to map the cost of renting across the UK. Share your experiences and tell us how much it costs you to rent where you liveLast month, a Guardian investigation revealed that young couples who want to start a family are facing an almost impossible situation: renting an affordable one or two bedroom property is now impossible in two-thirds of the UK. We want you to help us tell the story of renting across the UK – how much it costs, and what you get for your money.In London, rental costs are spiralling out of control. The average price of a flat or a house is almost £1,500 a month, a survey by HomeLet has shown. According to the survey, rents have also risen by 12.5% across the country with private tenants asked to fork out £751 a month on average outside the capital. It was also found that rental costs over the previous three months before the survey was conducted rose five times faster than tenant income. Continue reading…

Source : theguardian.com
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