{"id":137916,"date":"2023-06-24T14:00:01","date_gmt":"2023-06-24T07:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-crisis-driving-record-rent-squeeze-as-landlords-pass-higher-costs-on-to-tenants\/"},"modified":"2023-06-24T14:20:11","modified_gmt":"2023-06-24T07:20:11","slug":"uk-mortgage-rate-crisis-driving-record-rent-squeeze-as-landlords-pass-higher-costs-on-to-tenants","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-crisis-driving-record-rent-squeeze-as-landlords-pass-higher-costs-on-to-tenants\/","title":{"rendered":"UK mortgage rate crisis driving record rent squeeze as landlords pass higher costs on to tenants"},"content":{"rendered":"


\nHomelessness charity says hundreds of thousands of people could be left unable to cover their rent and at risk of losing homesBusiness live \u2013 latest updatesMillions of renters across the UK are being squeezed by landlords passing on higher mortgage costs to their tenants, contributing to record rent increases amid the cost of living crisis.Property experts and charities warned the rapid rise in borrowing costs set by the Bank of England \u2013 which this week increased rates to 5% \u2013 was having a far broader impact than on owner-occupiers\u2019 mortgage costs, with potential to trigger a wider crisis in affordable housing. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgage rate crisis driving record rent squeeze as landlords pass higher costs on to tenants<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Homelessness charity says hundreds of thousands of people could be left unable to cover their...<\/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-137916","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-zSs","jetpack-related-posts":[{"id":134937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lots-of-us-are-very-anxious-why-britains-buy-to-let-landlords-are-selling\/","url_meta":{"origin":137916,"position":0},"title":"\u2018Lots of us are very anxious\u2019: why Britain\u2019s buy-to-let landlords are selling","date":"February 24, 2023","format":false,"excerpt":"\r UK rent and rate rises plus tougher rules are fuelling a crisis for both tenants and owners\u2018Massive shock\u2019: the tenants facing eviction as landlords hike rent or sell upDesigner Philip Harris, 42, who has properties in south and east London, became a landlord by accident after meeting his now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/loophole-in-scotlands-rent-controls-sees-new-tenants-facing-largest-rises-in-uk\/","url_meta":{"origin":137916,"position":1},"title":"Loophole in Scotland\u2019s rent controls sees new tenants facing largest rises in UK","date":"September 14, 2023","format":false,"excerpt":"\r Rent cap limited to 3%, but landlords can go higher when drawing up new tenancy agreementA loophole in Scotland\u2019s temporary rent controls has seen private landlords raise rents for new tenancies more than anywhere else in the UK, data reveals.In an effort to tackle the housing crisis, the Scottish\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashing-in-the-mortgage-free-landlords-who-are-raising-the-rent-anyway\/","url_meta":{"origin":137916,"position":2},"title":"Cashing in? The mortgage-free landlords who are raising the rent anyway","date":"November 16, 2023","format":false,"excerpt":"\r Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreementsMore than two-thirds of mortgage-free landlords raised the cost of new rental agreements in the last year despite being unaffected by interest rate rises, according to research on alleged \u201ccashing in\u201d.The practice\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-landlords-likely-to-increase-rents-to-offset-higher-costs\/","url_meta":{"origin":137916,"position":3},"title":"Buy-to-let landlords likely to increase rents to offset higher costs","date":"June 10, 2016","format":false,"excerpt":"\r Tenants \u2018will feel brunt\u2019 as property investors are hit by new stamp duty and tax relief cut, says lenderMany tenants renting privately are likely to be hit with rent increases following changes to the tax regime for landlords, according to a report to be published this Friday.Research by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-landlords-not-helping-in-crisis-renters-say\/","url_meta":{"origin":137916,"position":4},"title":"Covid 19 coronavirus: Landlords not helping in crisis, renters say","date":"April 15, 2020","format":false,"excerpt":"\r By Nita Blake-Persen of RNZ Tenants struggling to pay the rent as the lockdown drags on say calls for landlords to show compassion are going unanswered.A pause on mortgage payments has not trickled down to rental deferrals for...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid 19 coronavirus: Landlords not helping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64491,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-no-ones-home\/","url_meta":{"origin":137916,"position":5},"title":"Get the Guru View: No one\u2019s home","date":"August 24, 2017","format":false,"excerpt":"\r Vacancy rates in the Core Central Region have recovered somewhat since crossing the 10 percent mark, but remain elevated. When examining the rental market, the vacancy rate is often overlooked. In this edition of the Guru View, we go into deeper detail into this statistic and explain why it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/08\/Private-residential-vacancy-rate-by-location.jpg?fit=771%2C417&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137916"}],"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=137916"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137916\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}