Renting to cost £3,700 more than annual first-time-buyer mortgage bill by 2026

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Rents will also rise more than four times more than house prices between 2023 and 2026

“A build-up of long-term supply issues combined with soaring landlord costs is putting upward pressure on rents,” she said.

Hamptons has also said that it expects house price falls to stop in 2024 and forecasts the market will see flat prices next year followed by a 3 per cent increase in the last quarter of 2025 and 5 per cent increases the year after.

 

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Renting to cost £3,700 more than annual first time buyer mortgage bill by 2026Rents will also rise more than four times more than house prices between 2023 and 2026
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