{"id":124606,"date":"2022-02-16T23:30:27","date_gmt":"2022-02-16T16:30:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fastest-rent-rise-in-five-years-adds-to-concerns-over-uk-cost-of-living-crisis\/"},"modified":"2022-02-17T00:03:22","modified_gmt":"2022-02-16T17:03:22","slug":"fastest-rent-rise-in-five-years-adds-to-concerns-over-uk-cost-of-living-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fastest-rent-rise-in-five-years-adds-to-concerns-over-uk-cost-of-living-crisis\/","title":{"rendered":"Fastest rent rise in five years adds to concerns over UK cost of living crisis"},"content":{"rendered":"


\nONS 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 UK tenants rose by 2% in 2021 \u2013 the largest annual increase since 2017, figures from the Office for National Statistics show. Soaring rental prices, coupled with inflation hitting 5.5% in January, will pile further pressure on the government to increase support for vulnerable families. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Fastest rent rise in five years adds to concerns over UK cost of living crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ONS data shows cost of renting rose by 2% in 2021, while average house price...<\/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-124606","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-wpM","jetpack-related-posts":[{"id":124521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-uk-demand-for-rented-homes-pushes-cost-to-near-1000\/","url_meta":{"origin":124606,"position":0},"title":"Soaring UK demand for rented homes pushes cost to near \u00a31,000","date":"February 9, 2022","format":false,"excerpt":"\r Rents 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143117,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-monthly-uk-rent-up-9-the-highest-annual-increase-recorded\/","url_meta":{"origin":124606,"position":1},"title":"Average monthly UK rent up 9% \u2013 the highest annual increase recorded","date":"March 20, 2024","format":false,"excerpt":"\r Cost of renting rises in all parts of the UK, ONS says, with the average monthly rent in England now \u00a31,276The average monthly rent paid by tenants in the UK rose by 9% in the year to February, official figures show \u2013 the highest annual increase since records began\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-continue-to-rise-across-the-uk-and-in-london\/","url_meta":{"origin":124606,"position":2},"title":"Rents continue to rise across the UK and in London","date":"May 5, 2016","format":false,"excerpt":"\r Latest figures show average rent outside London rose to \u00a3755 a month, while within the capital it hit \u00a31,543The average cost of renting a property outside London rose by 5.1% in the 12 months to April, while tenants in the capital faced a 7.7% increase, according to the latest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/neglected-derided-and-exploited-more-than-ever-why-wont-the-uk-protect-those-who-rent-a-home-john-harris\/","url_meta":{"origin":124606,"position":3},"title":"Neglected, derided and exploited more than ever: why won\u2019t the UK protect those who rent a home? | John Harris","date":"March 24, 2024","format":false,"excerpt":"\r Millions face a perfect storm of rising demand, limited supply and politicians who don\u2019t really care enough to ease their plight Last week, a news story broke about the sheer impossibility of everyday living for millions of people all over the UK. According to the Office for National Statistics,\u2026","rel":"","context":"In "Property News"","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":124606,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-since-january-2025\/","url_meta":{"origin":124606,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124606"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124606"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124606\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}