Category Archives: Rents

Shelter, the British charity for homeless people, is warning that the price of renting a house in certain parts of the UK is now beyond the reach of many people.

Their Rent Watch survey, which pooled figures from the Valuation Office Agency and Office for National Statistics, suggests that as many 55% of local authority areas now cost too much for working families to rent in. They consider any rental price above one third of a person’s income to be unaffordable: in 8% of areas, the cost of renting was more than 50% of salary, making the price “extremely unaffordable”.…

LSL Property Services have reported that for the month of August, the average rent charge in England and Wales went up by 1.2%, the fastest rate of increase for the year so far.

The average rent for the UK is now £713 per calendar month, according to LSL Property Services, who also own Your Move and Reeds Rains. Their recent survey has also reported that the average rent charges for the regions of Wales and the South East of England featured the biggest rises for the whole of England and Wales.

Furthermore, the total amount of outstanding rent owed by…

Figures released by letting agents LSL Property Services have indicated that the price of renting a property is rising. In the month of July 2011, the average rent charge in England and Wales had risen to £705 per month according to LSL, an increase of £29 from the figures for the same time last year.

LSL also confirmed that this is the sixth consecutive month to see a price rise and the figure is 0.6% higher than the average rent charge for June 2011.

The average rent charge for London remains the highest and fastest growing at £1,009 per month,…