As the UK government adopts a cautious approach to ending a lockdown that's been put in place to protect the population and the NHS from the spread of coronavirus, a recent report shows that among households, tenants have fared worse than homeowners.
As the effects of the coronavirus pandemic continue to bite, UK students are being offered additional support with their rent from the government and Unite Students, the largest student accommodation management firm.
A recent survey snapshot suggests the number of rental homes across the UK rose to a record high in 2020 with letting agents managing over 200 properties on average. The survey also shows that even as many landlords and property investors chose to sell up, only around one third of tenants experienced rent rises.
As the end of a difficult year comes into sight, recent research delivers an unusual result in the UK's rental market; average rents in countryside locations rose in October, while city properties proved less popular with tenants and rents fell. This dynamic, which is a reversal from the same time a year earlier, means the difference in average rents between the two locations has narrowed.