{"id":139218,"date":"2023-09-18T13:43:58","date_gmt":"2023-09-18T06:43:58","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rents-soar-as-high-interest-rates-hit-property-market-business-live\/"},"modified":"2023-09-18T13:58:44","modified_gmt":"2023-09-18T06:58:44","slug":"uk-rents-soar-as-high-interest-rates-hit-property-market-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rents-soar-as-high-interest-rates-hit-property-market-business-live\/","title":{"rendered":"UK rents soar as high interest rates hit property market \u2013 business live"},"content":{"rendered":"


\nRolling coverage of the latest economic and financial newsUK house sellers are cutting their asking prices at the fastest rate in more than a decade, after high interest rates dampened demand for property this summer.The proportion of homes on the market which have had at least one price reduction is at its highest level since January 2011, the property website Rightmove has reported.\u201cEach passing month has ushered in a new rental market record. Rents have risen more in the last 12 months than they did between 2015 and 2019.\u201cWhile the current pace of rental growth is unsustainable long term, many mortgaged landlords are being squeezed just as tightly as tenants.\u201d\u201cHigher rents are only going some way towards helping mortgaged landlords balance their books, rather than boosting their profit. This is one of the reasons we haven\u2019t seen large numbers of new landlords come into the market.\u201d Continue reading…
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\nSource : theguardian.com
\nRead more…UK rents soar as high interest rates hit property market \u2013 business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rolling coverage of the latest economic and financial newsUK house sellers are cutting their asking...<\/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-139218","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-Ads","jetpack-related-posts":[{"id":157496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-cant-hong-kong-retail-landlords-cut-rents-for-struggling-tenants\/","url_meta":{"origin":139218,"position":0},"title":"Why can\u2019t Hong Kong retail landlords cut rents for struggling tenants?","date":"July 13, 2025","format":false,"excerpt":"\r In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and a hard place: giving tenants a break on rent makes it harder to pay mortgages and threatens asset value, but holding the line on rent runs the risk of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-prime-residential-rents-rise-as-landlords-withhold-supply-to-avoid-taxes-designed-to-bring-down-prices-knight-frank\/","url_meta":{"origin":139218,"position":1},"title":"London\u2019s prime residential rents rise as landlords withhold supply to avoid taxes designed to bring down prices: Knight Frank","date":"March 3, 2020","format":false,"excerpt":"\r Rental rates in London\u2019s top residential markets are on the rise as some landlords withdraw properties from the market to avoid paying taxes that were introduced to make housing in the UK capital more affordable, says Knight Frank.Demand for flats keeps building as those owners withhold leasing supply to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-hi-tech-park-rents-fall-as-the-economic-slowdown-bites-but-landlords-keep-the-faith-eyeing-tenants-strong-business-prospects\/","url_meta":{"origin":139218,"position":2},"title":"Shanghai\u2019s hi-tech park rents fall as the economic slowdown bites but landlords keep the faith eyeing tenants\u2019 strong business prospects","date":"October 25, 2023","format":false,"excerpt":"\r Rental rates at Shanghai\u2019s hi-tech parks have slipped this year in a slowing economy, but as the city steps up efforts to bolster sectors like semiconductor, artificial intelligence (AI) and biotech, owners of such businesses will generate stable returns for both investors and vendors.\r \r Source : South China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-landlords-could-face-tax-from-rents-that-may-raise-2bn\/","url_meta":{"origin":139218,"position":3},"title":"UK landlords could face tax from rents that may raise \u00a32bn","date":"August 28, 2025","format":false,"excerpt":"\r Treasury reportedly considering budget move expanding national insurance to include rental incomeProperty tax threat \u2018is slowing down housing market\u2019The Treasury is reportedly considering a tax on landlords that will target income from rents in the upcoming autumn budget.The proposals are centred on the expansion of national insurance to include\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-tenants-in-singapores-central-business-district-push-back-on-landlords-attempt-to-raise-rental-charges\/","url_meta":{"origin":139218,"position":4},"title":"Office tenants in Singapore\u2019s central business district push back on landlords\u2019 attempt to raise rental charges","date":"October 15, 2019","format":false,"excerpt":"\r Some office tenants in Singapore\u2019s central business district (CBD) are resisting further increases in rents, following nine consecutive quarters of increase in grade A office rents in the business area, according to a market report by Colliers International. Cumulatively, grade A office rents in the CBD have risen by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-residential-rents-feel-the-pinch\/","url_meta":{"origin":139218,"position":5},"title":"Abu Dhabi residential rents feel the pinch","date":"November 16, 2016","format":false,"excerpt":"\r Office rents in Abu Dhabi have fallen to their lowest point in more than eight years as low global oil prices continue to slow the capital's economy. 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