{"id":125126,"date":"2022-03-05T12:01:14","date_gmt":"2022-03-05T05:01:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-rents-and-house-prices-pile-pressure-on-uk-households\/"},"modified":"2022-03-05T13:03:58","modified_gmt":"2022-03-05T06:03:58","slug":"record-rents-and-house-prices-pile-pressure-on-uk-households","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-rents-and-house-prices-pile-pressure-on-uk-households\/","title":{"rendered":"Record rents and house prices pile pressure on UK households"},"content":{"rendered":"<p>&#013;<br \/>\nAverage UK rent has passed \u00a31,000 as house price figure breaks through \u00a3260,000 barrier for the first timeRecord rents of more than \u00a31,000 a month and the average house price breaking through the \u00a3260,000 barrier are putting added pressure on households already facing a cost of living crisis.Data from the tenant referencing agency HomeLet showed the average UK rent rose to \u00a31,069 a month in February, up 8.6% on the same month of last year when the figure stood at \u00a3984. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/mar\/05\/record-rents-house-prices-uk-households\" target=\"_blank\" rel=\"noopener\">Record rents and house prices pile pressure on UK households<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average UK rent has passed \u00a31,000 as house price figure breaks through \u00a3260,000 barrier for&#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-125126","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-wya","jetpack-related-posts":[{"id":143373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rent-rises-forecast-to-outpace-wage-growth-for-three-years\/","url_meta":{"origin":125126,"position":0},"title":"UK rent rises forecast to outpace wage growth for three years","date":"April 8, 2024","format":false,"excerpt":"\r Average 13% increase by 2027 will put millions of households under further pressure, says thinktankRent rises in Britain are forecast to outpace wage growth, despite having already surged at the fastest pace on record after the Covid pandemic and the cost of living crisis.The Resolution Foundation expects added pressure\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":125126,"position":1},"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 News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brighton-and-bristol-hit-hardest-as-rents-raised-by-an-average-of-18-in-2015\/","url_meta":{"origin":125126,"position":2},"title":"Brighton and Bristol hit hardest as rents raised by an average of 18% in 2015","date":"January 12, 2016","format":false,"excerpt":"\r Rents raised nationally by an average of 4.9%, with Brighton becoming second city to see prices pass \u00a31,000 a monthTenants in Brighton and Bristol suffered the worst rent rises of anywhere in Britain during 2015, as landlords raised prices by an average of 18% compared with the year before.Brighton\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-residential-rents-to-continue-to-decline-in-2017\/","url_meta":{"origin":125126,"position":3},"title":"Abu Dhabi&#039;s residential rents to continue to decline in 2017","date":"February 12, 2017","format":false,"excerpt":"\r Housing rents in Abu Dhabi look set to continue plunging for the first half of 2017 amid continuing economic uncertainty, job losses and cost-cutting measures, property brokers forecast. Chestertons Mena says villa rents in Abu Dhabi fell by 10 per cent during 2016 while apartment rents fell by an\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":125126,"position":4},"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":11536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pace-of-rent-rises-quickens-as-average-uk-rent-reaches-937-a-month\/","url_meta":{"origin":125126,"position":5},"title":"Pace of rent rises quickens as average UK rent reaches \u00a3937 a month","date":"August 24, 2015","format":false,"excerpt":"\r Rents were up 4.6% in July on the year before, figures show, with median rent for one-bedroom flat in London now more than \u00a31,000 a monthAverage rents in the UK reached \u00a3937 per month in July as the pace of increases took a significant step up amid a shortage\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125126"}],"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=125126"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}