{"id":131813,"date":"2022-11-27T07:05:05","date_gmt":"2022-11-27T00:05:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-mortgage-costs-see-surge-in-rents-across-the-uk\/"},"modified":"2022-11-27T07:34:19","modified_gmt":"2022-11-27T00:34:19","slug":"high-rise-mortgage-costs-see-surge-in-rents-across-the-uk","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-mortgage-costs-see-surge-in-rents-across-the-uk\/","title":{"rendered":"High-rise mortgage costs see surge in rents across the UK"},"content":{"rendered":"


\nHouse prices may be falling as interest rates climb, but there\u2019s no respite for tenants as property shortages biteIt\u2019s a tale of two markets: while private rents have soared to record highs in the UK, making life precarious for tenants, the for-sale sector has slowed sharply and property values have started to fall, with sharper declines predicted for next year.The latest house price index from Nationwide, Britain\u2019s biggest building society, along with Bank of England mortgage lending data due this week, should shed further light on the severity of the UK\u2019s housing slowdown. Continue reading…
\n
\nSource : theguardian.com
\nRead more…High-rise mortgage costs see surge in rents across the UK<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

House prices may be falling as interest rates climb, but there\u2019s no respite for tenants...<\/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-131813","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-yi1","jetpack-related-posts":[{"id":139026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rents-rise-faster-in-deprived-areas-and-drag-more-people-into-poverty\/","url_meta":{"origin":131813,"position":0},"title":"UK rents rise faster in deprived areas \u2013 and drag more people into poverty","date":"September 3, 2023","format":false,"excerpt":"\r Cost doubles in some poor urban districts, driven in part by mortgage rate rise, UK-wide study showsPeople living in the most deprived areas of Britain have seen their rents increase by 52% over the past four years \u2013 while for tenants in the wealthiest regions, rents have risen by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-tenants-paid-record-50bn-in-rents-in-2017\/","url_meta":{"origin":131813,"position":1},"title":"UK tenants paid record \u00a350bn in rents in 2017","date":"February 12, 2018","format":false,"excerpt":"\r Rents double in a decade and could eclipse entire sum paid for mortgages by homeownersThe total amount of rent paid by tenants in Britain soared to more than \u00a350bn in 2017, more than double the level of a decade ago, and may soon eclipse the entire sum paid out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-shortages-and-mortgage-rate-rises-push-uk-rents-to-highest-point-ever\/","url_meta":{"origin":131813,"position":2},"title":"Supply shortages and mortgage rate rises push UK rents to highest point ever","date":"October 5, 2023","format":false,"excerpt":"\r Average rental property receives three times more enquiries from prospective tenants than in 2019Business live \u2013 latest updatesPrivate home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage rate rises combined to push the cost up by 10% over the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-rental-homes-in-uk-up-by-23-in-a-year-as-rents-hit-record-high\/","url_meta":{"origin":131813,"position":3},"title":"Demand for rental homes in UK up by 23% in a year, as rents hit record high","date":"November 25, 2022","format":false,"excerpt":"\r Competition among tenants for properties intensified by potential buyers delaying plans and lower supply of smaller homesDemand for rental homes across the UK has jumped by nearly a quarter in a year, research has found, piling more pressure on an oversubscribed market and pushing record private rents even higher.The\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":131813,"position":4},"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":95717,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-in-uk-will-rise-for-next-five-years-experts-predict\/","url_meta":{"origin":131813,"position":5},"title":"Rents in UK will rise for next five years, experts predict","date":"August 9, 2018","format":false,"excerpt":"\r Rics says falling supply of rental properties and increased demand will lead to 15% riseUK rents are expected to climb by 15% over the next five years, as the supply of rental accommodation dwindles while demand from tenants continues to go up, according to a survey.Rents are expected to\u2026","rel":"","context":"In "Property 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