{"id":4520,"date":"2016-02-12T18:43:25","date_gmt":"2016-02-12T11:43:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-spend-more-than-50000-on-rent\/"},"modified":"2016-02-12T18:50:14","modified_gmt":"2016-02-12T11:50:14","slug":"uk-first-time-buyers-spend-more-than-50000-on-rent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-spend-more-than-50000-on-rent\/","title":{"rendered":"UK first-time buyers &#039;spend more than \u00a350,000 on rent&#039;"},"content":{"rendered":"<p>&#013;<br \/>\nArla report reveals that those buying their first home in 2016 will have paid an average of \u00a352,900 in rent People who buy their first home in England in 2016 will have spent more than \u00a350,000 on rent since moving out of their family home, a report by letting agents has found.Figures from the Association of Residential Letting Agents (Arla) show that UK tenants spent an average of 22% of their wages on rent last year, and that buyers getting on the ladder this year will have previously paid out an average of \u00a352,900 to landlords. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/feb\/12\/uk-first-time-buyers-average-rent\" target=\"_blank\">UK first-time buyers &#8216;spend more than \u00a350,000 on rent&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Arla report reveals that those buying their first home in 2016 will have paid an&#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-4520","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\/p75ss1-1aU","jetpack-related-posts":[{"id":31444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-supply-of-unlet-properties-curbing-rent-hikes-say-letting-agents\/","url_meta":{"origin":4520,"position":0},"title":"Rising supply of unlet properties curbing rent hikes, say letting agents","date":"October 24, 2016","format":false,"excerpt":"\r Proportion of landlords hiking bills tumbles to lowest level this year at 24%, providing some relief to tenantsA surge in the supply of rental properties on the books of letting agents is forcing landlords to peg back rent rises, according to an industry body.The proportion of landlords implementing increases\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-and-property-values-would-drop-after-brexit-say-landlords\/","url_meta":{"origin":4520,"position":1},"title":"Rents and property values would drop after Brexit, say landlords","date":"May 19, 2016","format":false,"excerpt":"\r Associations for estate and letting agents say average UK house would be worth \u00a32,300 less in 2018 if Britain leaves the EURent bills are likely to fall if Britain exits the EU and property will become more affordable to first-time buyers, according to the bodies that represent the UK\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-monthly-rent-hits-record-high-of-816-highlighting-housing-shortage\/","url_meta":{"origin":4520,"position":2},"title":"Average monthly rent hits record high of \u00a3816, highlighting housing shortage","date":"October 16, 2015","format":false,"excerpt":"\r Rents rose across most of England by averages of 6.3% and 8.5% in past year, say separate studies, but fell in the north-west, north-east and WalesInflation may have dipped into minus figures, but rents have leapt by an average of between 6.3% and 8.5% over the past year, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-first-time-buyers-will-drive-2026-sales-amid-interest-rate-cuts\/","url_meta":{"origin":4520,"position":3},"title":"UK house prices: first-time buyers \u2018will drive 2026 sales\u2019 amid interest rate cuts","date":"December 31, 2025","format":false,"excerpt":"\r Rent rises likely to slow after rapid increases in recent years, lenders and estate agents forecastFirst-time buyers are expected to drive the UK housing market in 2026, with further interest rate cuts likely to improve stretched affordability.The for-sale market should accelerate moderately, with prices rising by 2% to 4%,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-estate-agents-rent-seeking\/","url_meta":{"origin":4520,"position":4},"title":"UK estate agents: rent seeking","date":"November 23, 2016","format":false,"excerpt":"\r Letting fees ban is least of agents\u2019 problems in face of digital disruption\r \r Source : ft.com\r Read more...UK estate agents: rent seeking","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143117,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-monthly-uk-rent-up-9-the-highest-annual-increase-recorded\/","url_meta":{"origin":4520,"position":5},"title":"Average monthly UK rent up 9% \u2013 the highest annual increase recorded","date":"March 20, 2024","format":false,"excerpt":"\r Cost of renting rises in all parts of the UK, ONS says, with the average monthly rent in England now \u00a31,276The average monthly rent paid by tenants in the UK rose by 9% in the year to February, official figures show \u2013 the highest annual increase since records began\u2026","rel":"","context":"In &quot;Property 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