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 De torenhoge huurmarkt van Londen infographic
Graphic charts home rental prices in London and the UK.


Huurders in Verenigd Koninkrijk "worden geconfronteerd met een crisis als nooit tevoren"

By Ninian Carter

July 21, 2023 - Average rental costs for new tenants in London have soared to a record high of £2,567 ($3,310) per month – an increase of 28% in just four years, fuelled by rampant demand and higher mortgage rates.

Rental costs for new tenants in London have hit a record in the second quarter of 2023, as soaring demand and higher mortgage rates motivate landlords to raise prices.

Home renters in the capital must now pay on average £2,567 (€2,966, $3,298) a month – up 14% on 2022, and 28% on 2019.

Outside London, asking rents also reached a record – £1,231 (€1,422, $1,582) per month, up 9% on 2022, and by a third from 2019.

The increases mean thousands of people are battling to stay in their homes – sure to be a hot topic for both major political parties ahead of a general election expected next year.

As Polly Neate, chief executive of housing charity Shelter, puts it: renters are “facing a crisis like never before”.

PUBLISHED: 21/07/2023; STORY: Graphic News