The latest articles on renting

  1. The average rent for new lets in the UK is £1,226 after a +6.6% rise in the last year. Rents for new lets will rise more slowly this year, but only a major supply boost will help with rental affordability.

  2. A third of homes for sale are cheaper to buy than rent, with the average first-time buyer saving £93 a month on a mortgage instead of renting.

  3. Right to Buy is a government scheme that offers council and housing association tenants help to buy the home they are renting. 

  4. Affordable housing offers a subsidised route to home ownership through government schemes, or subsidised rents for people on low incomes.

  5. The average rent in London is now £2,121 per month after +4.2% growth in the last year. The cheapest average rent is in Bexley (£1,520) and the highest average rent is in Kensington and Chelsea (£3,459), although rental increases are slowing in the most expensive parts of the city.

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