{"id":128746,"date":"2022-08-19T15:04:21","date_gmt":"2022-08-19T08:04:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-in-10-under-30s-locked-into-rent-contracts-that-exceed-30-of-pay\/"},"modified":"2022-08-19T15:18:39","modified_gmt":"2022-08-19T08:18:39","slug":"four-in-10-under-30s-locked-into-rent-contracts-that-exceed-30-of-pay","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-in-10-under-30s-locked-into-rent-contracts-that-exceed-30-of-pay\/","title":{"rendered":"Four in 10 under-30s locked into rent contracts that exceed 30% of pay"},"content":{"rendered":"


\nGreat Britain figure at five-year high, with housing groups warning it is too much to manageUnder-30s renters in Great Britain are facing a financial crisis, with the number paying an unaffordable share of their earnings to landlords hitting a five-year high, according to research.Four in 10 young renters are now locked into expensive new contracts that exceed 30% of their pay, a level that housing groups have warned is too much to manage. Continue reading…
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\nSource : theguardian.com
\nRead more…Four in 10 under-30s locked into rent contracts that exceed 30% of pay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Great Britain figure at five-year high, with housing groups warning it is too much to...<\/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-128746","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-xuy","jetpack-related-posts":[{"id":97172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fighting-for-the-rights-of-londons-renters-letters\/","url_meta":{"origin":128746,"position":0},"title":"Fighting for the rights of London\u2019s renters | Letters","date":"September 3, 2018","format":false,"excerpt":"\r If renters come together, we\u2019re powerful enough to realise the big changes our housing system needs, write Shiran Mohamed and Anabel Bennett L\u00f3pezAs private renters in London, we were interested to read your feature (\u2018Rent was astronomical\u2019: people on why they left London in their 30s, theguardian.com, 29\u00a0August). Most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/young-or-old-we-private-renters-are-being-locked-out-of-our-dream-homes-dawn-foster\/","url_meta":{"origin":128746,"position":1},"title":"Young or old, we private renters are being locked out of our dream homes | Dawn Foster","date":"May 1, 2018","format":false,"excerpt":"\r Millennials are not the only ones in overpriced housing. Baby boomers are among the landlords\u2019 victims tooHousing is predominantly presented as a generational issue: millennials aren\u2019t able to get on the property ladder in the same way their parents were. But while it\u2019s true that intergenerational fairness is an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-is-it-like-to-rent-in-britain-today-share-your-story\/","url_meta":{"origin":128746,"position":2},"title":"What is it like to rent in Britain today? Share your story","date":"November 23, 2016","format":false,"excerpt":"\r The chancellor will ban letting agents from imposing \u201crip-off\u201d fees that cost renters millions each year. What else needs to be done to improve renting?In his first autumn statement the chancellor, Philip Hammond, announced that the government will impose a ban to stop letting agents charging \u201crip-off\u201d fees that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/twenty-renters-fighting-over-each-flat-in-britain-i-worry-ill-never-find-a-place-to-call-home-anonymous\/","url_meta":{"origin":128746,"position":3},"title":"Twenty renters fighting over each flat in Britain? I worry I\u2019ll never find a place to call home | Anonymous","date":"July 27, 2023","format":false,"excerpt":"\r Soaring rents, intrusive questions, baffling rules: landlords and agents behave as they please because tenants are 10 a pennyEarlier this year I found myself served notice on my flat after complaining to my landlord that he shouldn\u2019t swear at us, his tenants. That is the standard I have grown\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-income-renters-will-struggle-after-uk-housing-benefit-freeze-experts-warn\/","url_meta":{"origin":128746,"position":4},"title":"Low-income renters will struggle after UK housing benefit freeze, experts warn","date":"November 3, 2024","format":false,"excerpt":"\r Rachel Reeves\u2019s budget criticised for keeping local housing allowance at same level despite rising rent costsLow-income renters will struggle to afford housing costs after Rachel Reeves\u2019s decision to freeze the amount of housing benefit they receive in the budget, experts have warned.Liz Kendall, the work and pensions secretary, confirmed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/room-to-rent-for-eight-days-welcome-to-the-meme-worthy-world-of-sublet-britain-daisy-jones\/","url_meta":{"origin":128746,"position":5},"title":"Room to rent \u2026 for eight days: welcome to the meme-worthy world of sublet Britain | Daisy Jones","date":"September 4, 2023","format":false,"excerpt":"\r More and more renters are advertising properties for bafflingly short lengths of time. 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