Renting Property

The cost of living in London accounts for all, or more, of the money on offer in 12 out of 32 London boroughs, with a further 13 seeing the cost of living account for 90% or more of the average wage, flatshare website Ideal Flatmate has found.

Cost of renting falls

The proportion of income spent by private tenants on rents in England has continued to fall, according to an official report on the state of the country’s housing.

Conventional wisdom appears to have it that there are fewer owner-occupiers and more renters these days – but that’s not what the latest English Housing Survey reveals.

The number of tenants experiencing rent increases fell for the fourth month running in December, with 18% of agents reporting that landlords increased rents, ARLA Propertymark’s December Private Rented Sector has found.