Rents in England prove unaffordable
by Sarah Ashcroft
Many people residing in rented properties are finding costs too high, latest research from Shelter shows.
Average rents are unaffordable for 55 per cent of local authorities in England, leaving large numbers of people unable to afford the rent increase
they are faced with.
Campbell Robb, chief executive of Shelter, commented: "With huge differences in affordability across the country, there are now worrying signs that families are likely to be displaced by our out-of-control rental market."
He noted that more people have been forced into renting over recent years, but it is no longer the affordable alternative to buying that has been seen in the past.
The research indicated that it is more affordable to rent in Manchester, Liverpool or Birmingham than it is to rent in north Devon, north Dorset or Herefordshire.
Within Yorkshire, Bradford and Sheffield were found to be more affordable than Ryedale and Richmondshire.
- Landlord and Tenancy News from Lawpack: Solicitor-approved Rent Increase Notice (Section 13) with expert guidance on how to complete the legal form
Published on: October 13, 2011
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