Residential Rents in 2023

It is all too easy to blame the landlord for the rent increase. Yet that is precisely what the government want you to do. On listening to this POD, you will understand how government actions and tax rule changes in 2016, lit the fuse, that could do no other than see residential rents increase at pace. And that was going to occur even without the huge rise in interest rates, which have made it impossible for even the willing landlord to delay the rent increases. The private sectors residential rents are always going to reflect that property's value and the cost of gaining a loan to buy the property. I,E, the governments help to buy, did little to restrain house prices, which rose during the period, thus saw rents also increase. Hope you find the detail helpful, it is accepted, there are many ways to calculate rent, but the POD goes some way to advise of the controlling financial levers... that the savvy and professional landlord will have to consider.