Pressure on landlords will force rents to rise four times as fast as house prices

The Telegraph are reporting that ‘Rents will jump by a quarter across Britain in just four years, significantly outstripping house price growth, forecasting suggests. 

Rising interest rates will continue to pile pressure on landlords with mortgages, forcing many to either sell up or pass on the pain to tenants, according to Hamptons estate agents.’

The article can be seen here (subscription may be necessary), and goes on to say ‘the average rent is expected to rise 25pc to almost £1,600 a month by the end of 2026, compared to a more modest 5.5pc rise in house prices.

Rents are expected to grow 8pc this year, 7pc in 2024, 5pc in 2025 and 5pc again in 2026, the estate agent said.’

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