Category: tenants
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Rent rises slow, offering hope to beleaguered tenants
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After years of rising rental costs, renters are finally starting to see signs of relief. According to new data released by property portal Zoopla, annual rent inflation slowed to 3.9 percent, its lowest rate since August 2021. Although rents are still rising, this represents a significant decline from the 2022…
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Housing crisis leaves 21 hopeful tenants battling for each rental property
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The UK rental market is facing a severe crisis, with an average of 21 potential tenants competing for every available property, while the number of homes available to rent continues to shrink. According to Zoopla, a leading property search platform, the availability of homes for rent is now 24% lower…