{"id":140487,"date":"2023-11-28T13:00:06","date_gmt":"2023-11-28T06:00:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-rent-in-great-britain-up-by-more-than-a-quarter-since-start-of-covid\/"},"modified":"2023-11-28T13:19:02","modified_gmt":"2023-11-28T06:19:02","slug":"average-rent-in-great-britain-up-by-more-than-a-quarter-since-start-of-covid","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-rent-in-great-britain-up-by-more-than-a-quarter-since-start-of-covid\/","title":{"rendered":"Average rent in Great Britain up by more than a quarter since start of Covid"},"content":{"rendered":"<p>&#013;<br \/>\nRise due to shortage of properties has been worsened by soaring interest rates, Savills findsAverage private rents in Great Britain have soared by more than a quarter since the start of the Covid pandemic and will keep rising, according to an analysis.The typical private rent will end this year 9.5% higher than in December 2022 and then rise a further 6% in 2024 before hitting an \u201caffordability ceiling\u201d, according to the estate and lettings agent Savills. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/nov\/28\/average-rent-great-britain-properties-interest-rates-savills\" target=\"_blank\" rel=\"noopener\">Average rent in Great Britain up by more than a quarter since start of Covid<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rise due to shortage of properties has been worsened by soaring interest rates, Savills findsAverage&#46;&#46;&#46;<\/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-140487","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-AxV","jetpack-related-posts":[{"id":122249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-residential-leasing-volumes-up-1-1-in-q2\/","url_meta":{"origin":140487,"position":0},"title":"Private residential leasing volumes up 1.1% in Q2","date":"September 28, 2021","format":false,"excerpt":"\r Private residential leasing volumes up 1.1% in Q223,893 private residential homes were rented in Q2 2021, resulting in the total leasing volumes in H1 2021 growing 13.9% from the same period in H1 2020. Singapore saw private residential leasing volumes increase 1.1% during the second quarter of 2021, reported\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/condo-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":159006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-private-rent-in-great-britain-falls-for-first-time-in-five-years\/","url_meta":{"origin":140487,"position":1},"title":"Average private rent in Great Britain falls for first time in five years","date":"August 11, 2025","format":false,"excerpt":"\r Lower mortgage rates have helped cool rental sector after years of above-inflation increases in rent, data showsAverage private rents in Great Britain have fallen for the first time in five years as lower mortgage rates helped take some of the heat out of the rental sector, data shows.Years of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-time-to-rent-private-condos-as-opposed-to-buying\/","url_meta":{"origin":140487,"position":2},"title":"Good time to rent private condos as opposed to buying","date":"September 21, 2018","format":false,"excerpt":"\r The new supply of private homes in the market will cap any rental increase. While rents of private homes in Singapore edged up in the second quarter, it\u2019s still about 12 percent lower than the peak in Q3 2013, giving people a feasible alternative of leasing houses instead of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-rent-in-britain-now-swallows-44-of-the-average-wage\/","url_meta":{"origin":140487,"position":3},"title":"Private rent in Britain now swallows 44% of the average wage","date":"October 27, 2025","format":false,"excerpt":"\r Monthly cost jumps to record \u00a31,385 outside London, and \u00a32,736 in the capital, with hotspots showing hefty rises Average private rents in Great Britain have climbed to record highs, with the amount tenants are being asked to pay in some hotspots rising more than 25% in a year, data\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-betterment-charge-for-non-landed-residential-use-slashed-orchard-retail-rent-to-rise-6-in-2023-and-more\/","url_meta":{"origin":140487,"position":4},"title":"Land Betterment Charge for Non-landed Residential Use Slashed, Orchard Retail Rent to Rise 6% in 2023, and More","date":"September 4, 2023","format":false,"excerpt":"\r Land Betterment Charge for Non-landed Residential Use Slashed, Orchard Retail Rent to Rise 6% in 2023, and More\u00a0 29 August to 4 September 2023\u00a0 SLA has released the revised\u00a0Land Betterment Charge (LBC) for the next six months starting 1 September 2023, with the rates cut for non-landed residential use\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/09\/orchard-road-singapore-night-ion-city-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":136695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-outside-london-passes-1000-for-first-time-figures-show\/","url_meta":{"origin":140487,"position":5},"title":"Rent outside London passes \u00a31,000 for first time, figures show","date":"May 15, 2023","format":false,"excerpt":"\r Tenants in Great Britain now typically paying 25% more than they were at the start of Covid pandemic, according to dataBusiness live \u2013 latest updatesThe average new monthly rent outside London has passed \u00a31,000 for the first time, figures show, with tenants in Great Britain now typically paying 25%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140487"}],"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=140487"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}