Worrying research finds a ticking time bomb in the PRS


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Research from June 2016 conducted by building society, Kent Alliance, found that 40% of landlords planned to raise their rents by an average of 5.6% within the next 6 months – with three quarters blaming new Government legislation for the increase.

Research from the Residential Landlords Association (RLA) earlier this month also shows a majority of landlords planning to raise rents on their tenants, with 56% planning to do so within the next 12 months and the majority blaming new Government legislation and changes to mortgage interest relief.

However, new research from property classifieds site, TheHouseShop.com, has found that almost half (42%) of private renters would not be able to afford an increase of up to 5% in their monthly rent costs – showing quite how precarious the UK rental market has become.

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