Money Box Live: The Rising Cost of Rent
A typical rental property gets 25 enquires from people who want to view it, according to the property listings site Rightmove. That high demand also comes alongside high prices. The estate agents Hamptons says tenants have been hit with the biggest rise in rental costs in at least a decade. And it's not just tenants feeling the pinch. We look at the impact rising interest rates have had on those owning the homes people are renting.
With Felicity Hannah today to go through your questions and comments we have Richard Blanco from the National Residential Landlords Association, Jasmine Basran - Head of Policy and Campaigns and CRISIS, and Richard Donnell - Head of Research and Insight at Zoopla.
Presenter: Felicity Hannah Producer: Sarah Rogers Editor: Jess Quayle
(First broadcast 3pm Wednesday 20th December, 2023)