Why are rented homes becoming expensive in the UK?
The key reason for the increase in renting costs in the UK is the shortage of quality homes across the country. People who would ordinarily buy putting their plans on hold due to the cost of living crisis and rising mortgage rates, renting instead, and, the fact that the government has taxed many private rental sector landlords out of owning rental properties.
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Why are rented homes becoming expensive in the UK?
The key reason for the increase in renting costs in the UK is the shortage of quality homes across the country. People who would ordinarily buy putting their plans on hold due to the cost of living crisis and rising mortgage rates, renting instead, and, the fact that the government has taxed many private rental sector landlords out of owning rental properties.
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Meet our Expert Property Commentators