Worrying New Data For Tenants


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Research from June 2016 carried out by building society, Kent Alliance, has shown that 40% of landlords areplanning to increase their rents by an average of 5.6% over the next 6 months.

Three quarters of these have blamed new Government legislation for the increase, while a study by the Residential Landlords Association (RLA) earlier in the month also shows that most landlords plan to raise rents on their tenants. 56% of these intend to do so within the next 12 months and the majority blame new Government legislation and changes to mortgage interest relief.

However, the latest research from property classifieds site, TheHouseShop.com, has discovered that nearly half (42%) of private renters would not be able to afford a rise of up to 5% in their monthly rent costs – which shows quite how precarious the UK rental market has become.

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