Wednesday, 8 January 2014

Half of Landlords to Increase Rents In 2014

Almost half of the UK's private landlords have plans to increase rents this year, a survey has revealed. According to house share website SpareRoom.co.uk, four in 10 (42%) UK landlords will be increasing their rents, and 26% have designs to increase costs by more than 3% - way above the current rate of inflation. However, in better news for renters, 58% of the 1,629 landlords polled said they had no plans to increase rents this year, with many reasoning that keeping good, reliable tenants in their properties takes priority. And 5% told the survey that they actually plan to decrease their rental costs in 2014. Read more on 24dash.

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