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Evening Standard
Evening Standard
Business
Mark Banham

UK property business Grainger pledges responsible rent for tenants

Grainger is set to build a number of homes in London’s Southall

(Picture: Grainger )

Grainger the UK’s largest provider of private rental homes has pledged to take a “responsible” approach to rent increases across its 10,000 properties as its customers face increased economic “challenges”.

The  Newcastle-based business released a trading update for the 11 months to the end of August posting an increase in rental income of 4.5% so far this year with a higher figure of 5.4% for its newest properties.

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