Survey suggests tenants in UK cannot afford further rent rises


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Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests.

It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced set to be a catalyst for rent hikes.

Now research suggests that 16% of private renters cannot afford even a 1% increase in monthly rent, 26% cannot afford an increase of up to 3% in monthly rent and 42% cannot afford an increase of up to 5% in monthly rent.

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