UK renters: how have soaring prices and a lack of supply affected you?
It’s no secret that more people are renting, with millions locked out of home ownership in the UK and a recent property market boom ensuring first-time buyers have to save for a larger deposit.
According to recent Government figures, nearly 4.4 million households – or one in five – live in the private rented sector in England alone. But the average UK monthly rents reached a 14-year high, growing to £995 in the first quarter of this year, according to Zoopla.
The spike has been pinned on demand outstripping supply across the country, with many landlords also selling up before the property bubble bursts, although Londoners face an acute crisis.
We want to hear from renters across the country who are currently trying to find a place to live or those whose recent experience of finding a home mirrored an obstacle course.
Perhaps you’ve upped sticks and moved to a different region because of the lack of feasible places to rent in your city, or been subjected to Zoom interviews before even being granted a viewing.
Have you entered a bidding war to bag a mediocre apartment? Or even handed over a deposit before getting a chance to view a place in person?
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