{"id":124521,"date":"2022-02-09T18:20:57","date_gmt":"2022-02-09T11:20:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-uk-demand-for-rented-homes-pushes-cost-to-near-1000\/"},"modified":"2022-02-09T19:09:51","modified_gmt":"2022-02-09T12:09:51","slug":"soaring-uk-demand-for-rented-homes-pushes-cost-to-near-1000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-uk-demand-for-rented-homes-pushes-cost-to-near-1000\/","title":{"rendered":"Soaring UK demand for rented homes pushes cost to near \u00a31,000"},"content":{"rendered":"<p>&#013;<br \/>\nRents increased by 8.3% in the final three months of 2021, the fastest rise in a decade, says ZooplaThe average cost of renting a home in the UK is approaching \u00a31,000 a month after demand drove prices up 8.3% in the final three months of last year, marking the fastest increase in more than a decade.Renters around the UK are now paying \u00a362 more each month than before the pandemic, taking the average monthly rent to \u00a3969, according to property website Zoopla. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/feb\/09\/soaring-uk-demand-for-rented-homes-pushes-cost-to-near-1000\" target=\"_blank\" rel=\"noopener\">Soaring UK demand for rented homes pushes cost to near \u00a31,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rents increased by 8.3% in the final three months of 2021, the fastest rise in&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124521","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wop","jetpack-related-posts":[{"id":164196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-since-january-2025\/","url_meta":{"origin":124521,"position":0},"title":"UK house prices rise at fastest rate since January 2025","date":"November 7, 2025","format":false,"excerpt":"\r Halifax says October increase pushes average cost of home to \u00a3300k despite uncertainty over possible budget tax changes\u2022 Business live \u2013 updatesUK house prices rose at their fastest pace since January, a leading property index shows, with demand improving despite ongoing market uncertainty over likely tax changes in this\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-needs-230000-new-rental-homes-to-meet-growing-demand\/","url_meta":{"origin":124521,"position":1},"title":"UK needs 230,000 new rental homes to meet growing demand","date":"February 14, 2022","format":false,"excerpt":"\r With more people renting for longer, UK will face a shortfall in private rented property, analysis showsThe UK will need nearly 230,000 new rental homes to avoid a shortfall if the current growth in demand continues, according to a new forecast.Private rented sector supply will have to increase by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-renters-how-have-soaring-prices-and-a-lack-of-supply-affected-you\/","url_meta":{"origin":124521,"position":2},"title":"UK renters: how have soaring prices and a lack of supply affected you?","date":"June 1, 2022","format":false,"excerpt":"\r We want to hear about your recent experiences of trying to find a house or flat to rent in an overheated marketIt\u2019s no secret that more people are renting, with millions locked out of home ownership in the UK and a recent property market boom ensuring first-time buyers have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-in-august-as-demand-drops-for-bigger-homes\/","url_meta":{"origin":124521,"position":3},"title":"UK house prices fall in August as demand drops for bigger homes","date":"August 16, 2021","format":false,"excerpt":"\r Property site Rightmove says market for smaller properties experiencing record highs despite overall declineUK house prices fell in August amid a drop in demand for bigger homes after the government scaled back its stamp duty tax break for buyers in England and Northern Ireland this summer, according to Rightmove.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-consumer-borrowing-is-fastest-since-pre-crisis-says-bank-of-england\/","url_meta":{"origin":124521,"position":4},"title":"Rise in consumer borrowing is fastest since pre-crisis, says Bank of England","date":"January 4, 2016","format":false,"excerpt":"\r Figures show consumer credit rose by 8.3% in the year to November, with borrowing on credit cards up by \u00a3411mConsumer borrowing on credit cards, loans and overdrafts is growing at its fastest rate since before the financial crisis, according to Bank of England figures that brought further warnings over\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fastest-rent-rise-in-five-years-adds-to-concerns-over-uk-cost-of-living-crisis\/","url_meta":{"origin":124521,"position":5},"title":"Fastest rent rise in five years adds to concerns over UK cost of living crisis","date":"February 16, 2022","format":false,"excerpt":"\r ONS data shows cost of renting rose by 2% in 2021, while average house price hit record high of \u00a3275,000Private rents in the UK are rising at the fastest rate in five years, ratcheting up the cost of living burden on millions of households.The average cost of renting for\u2026","rel":"","context":"In &quot;Property 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