The latest Buy-to-Let Index says that rents in the private sector in England and Wales hit an all-time high of over £800 a month on average.Read the full story ›
A buy-to-let index has said that rents in the private sector in England and Wales hit an all-time high of £789 a month on average.
The pedal is pressed to the metal in the rental market. Not only have rents hit a new all-time record high - but we have never seen them rise so quickly.
Growing wage packets and a strengthening economy mean that a greater number of tenants are able to afford higher rents.
With such an overall shortage of housing in the UK, rental costs are primarily driven by the amount tenants are capable of paying.
Estate agents Your Move and Reeds Rains figures revealed rents were hiked 5.6% in June compared with a year earlier, making it the fastest annual increase since the index was compiled in 2009.
Across England and Wales, rents grew by 1.4% month-on-month between May and June according to the study, which is based on rents achieved on around 20,000 properties
The National Housing Federation (NHF) has warned that large parts of the countryside in England could become "pensioner pockets".Read the full story ›
A former head of the Civil Service, appointed to the House of Lords by the Prime Minister, is set to publicly criticised his controversial plans to extend the right-to-buy scheme to housing association tenants.
In his maiden speech, Lord Kerslake - who was the most senior official at the Department of Communities and Local Government until February - is expected to warn that it will do nothing to address the current housing shortage
He told ITV News' Social Affairs Editor Penny Marshall the policy was "wrong in principle and wrong in practice".
David Cameron confirmed the controversial extension of the scheme for housing association tenants will be included in the Queen's Speech.Read the full story ›
Ed Miliband is reveal later that Labour would reinvent a century old housing bond system to generate £5 billion to build 125,000 new homes.Read the full story ›
Research says nearly one in four people aged from their mid-20s to their late 30s report housing costs prevent them from starting a family.Read the full story ›
London YouTuber Ellen Richardson doesn't believe that either David Cameron or Ed Miliband's housing pledges will be enough to tackle the housing problem for young people.
Speaking to ITV News, she said the promises outlined by the Conservatives and Labour were "good" but are "drops in the ocean compared to what is actually needed to deal with the housing crisis".
Labour leader Ed Miliband said the Prime Minister's plan on housing had "failed Britain and failed families".
There is no bigger priority for the next Labour government than building homes again in our country.
Because frankly right across the board - it's not just this government, but it is this government - we haven't done enough as a country on housing.
Under this government we are building fewer homes than at any time since the 1920s and record high numbers of families are being forced to rent.
For far too many people the dream of home ownership is disappearing into the distance.
Labour has a better plan to build hundreds of thousands of new homes, ensure that local first time buyers are given priority and get a fairer deal for millions of families that rent.
The PM promises to double to 200,000 the number of homes built under an existing scheme aimed at easing Britain's housing shortage.Read the full story ›