British renters will be hit with 25% price hikes over the next 4 years as landlords pass on spiraling interest rate costs, broker predicts

a person sitting on the floor with a hand on their forehead, papers and a laptop around them (Credit: DaniloAndjus—Getty Images)

Britain’s renters have faced one of the harshest housing markets as rental costs have soared amid a ballooning cost-of-living crisis. And the pain isn’t set to end anytime soon.

As landlords cope with the impact of persistent interest rate hikes on mortgages, as well as new regulations, rents are set to sky-rocket by 25% in the next four years, says London-based real estate group Hamptons International predicts.