{"id":139751,"date":"2023-10-05T06:01:06","date_gmt":"2023-10-04T23:01:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-shortages-and-mortgage-rate-rises-push-uk-rents-to-highest-point-ever\/"},"modified":"2023-10-05T06:08:39","modified_gmt":"2023-10-04T23:08:39","slug":"supply-shortages-and-mortgage-rate-rises-push-uk-rents-to-highest-point-ever","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-shortages-and-mortgage-rate-rises-push-uk-rents-to-highest-point-ever\/","title":{"rendered":"Supply shortages and mortgage rate rises push UK rents to highest point ever"},"content":{"rendered":"


\nAverage 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 past 12 months.The average rent for new properties being put on the market now stands at a record \u00a31,278 per calendar month outside London in the July to September period, according to Rightmove. Continue reading…
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\nSource : theguardian.com
\nRead more…Supply shortages and mortgage rate rises push UK rents to highest point ever<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average rental property receives three times more enquiries from prospective tenants than in 2019Business live...<\/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-139751","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-Am3","jetpack-related-posts":[{"id":131813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-mortgage-costs-see-surge-in-rents-across-the-uk\/","url_meta":{"origin":139751,"position":0},"title":"High-rise mortgage costs see surge in rents across the UK","date":"November 27, 2022","format":false,"excerpt":"\r House 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127741,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-rents-in-uk-reach-record-highs-with-20-rises-in-manchester\/","url_meta":{"origin":139751,"position":1},"title":"Private rents in UK reach record highs, with 20% rises in Manchester","date":"July 14, 2022","format":false,"excerpt":"\r Prices adding to cost of living crisis blamed on demand exceeding supply and rising interest ratesAverage private rents in Britain have hit record highs, jumping by more than 20% in some areas such as Manchester, new data shows.The average advertised rent outside London is 11.8% higher than a year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/social-housing-rents-to-rise-as-part-of-uk-push-to-build-affordable-homes\/","url_meta":{"origin":139751,"position":2},"title":"Social housing rents to rise as part of UK push to build affordable homes","date":"August 21, 2024","format":false,"excerpt":"\r Rachel Reeves works on plan for 10-year formula to give councils and housing associations certaintySocial housing rents will rise by more than inflation over the next decade as part of UK government plans to boost affordable housebuilding and shore up the finances of struggling landlords.The chancellor, Rachel Reeves, is\u2026","rel":"","context":"In "Property 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