Cost of renting predicted to surge by as much as £1,500 in the next year📈📅

Cost of renting predicted to surge by as much as £1,500 in the next year📈📅

Following a highly challenging pandemic period, the UK rental market is back on track with the latest data showing that the average UK tenant is now paying £12,936 per year for a rental property.

However, according to research from rental platform, Ocasa, in just 12 months, the average UK tenant could be paying £800 more a year in rent.
This annual cost of renting has already climbed by £1,032 since this time last year and Ocasa predicts that it could increase by a further £803 over the next 12 months. This means the average tenant would be required to pay £13,739 a year to rent a home. To continue reading, please Click Here


Get in touch with us

If you step back, a familiar pattern emerges. We rent when young, buy as life settles, and often own outright later on. Yet it’s not the same for everyone, with more people renting into later life. Property reflects life stages, choices and timing. To learn more, click the link and read on.

Bungalows may form a small part of the UK housing stock, yet their value tells a much bigger story. With limited supply and strong demand, prices vary widely by region. To learn more please click the link to read on.

The age of a home shapes far more than its appearance. It influences value, demand, running costs and buyer appeal. Across the UK, housing stock spans generations, each with its own strengths and trade offs. Understanding where your home fits is key. Please read the article to learn more

Welcome to Attleborough’s property market update. This week’s snapshot reflects a slight shift driven by the mix of homes for sale rather than underlying values. It’s a useful gauge for homeowners and landlords, offering insight into market health and how your property fits within current local trends.