
It is an incredibly difficult time to be a private renter. Rents are sky-high across the board and are only increasing, and there is simply no further room in tenants’ pay packets to weather these hikes.
While many mortgage holders have yet to see their monthly payments increase, most private renters have already faced a rent hike this past year. Generation Rent’s latest survey found that 3 in 5 have faced a rent increase in the last year, and that a third of those for asked for an extra £100 or more per month.