William Eichler 29 July 2016

Rent increases in private housing outstripping inflation, figures reveal

Rent increases for tenants in private housing are outstripping inflation, according to the latest figures.

The Office for National Statistics found private rents rose by 2.4% in the 12 months up to June 2016 across the whole of Britain, while the consumer price index stood at 0.5% for the same month.

In England rents were up 2.5% while in Scotland they rose by just 0.1%, and Wales saw a fall of 0.1% over the previous year.

The biggest rent increases were in South East England where they went up 3.4%.

The Index of Private Housing Rental Prices (IPHRP) in Great Britain, Results: June 2016, published by the ONS, points to demand in the rental market outstripping supply as the main cause of the increases.

It says price increases in residential housing have been higher than in the private rent sector for several years, with an average 12-month rate of house price inflation between January 2013 and May 2016 of 5.9% compared with 2.1% for rental prices.

SIGN UP
For your free daily news bulletin
Highways jobs

Caretaker

Durham County Council
£24,796 (Pro Rata)
Permanent Contract – Part Time - 32 Hours per week (6am – 9.15am 3pm – 5.45pm) Mon-Fri. Whole Time. Required to start 20th October 2026.   The Governo Consett
Recuriter: Durham County Council

Social Worker

Durham County Council
Grade 9 – Pre-Progression (£35,412-£39,152 per annum) / Grade 11 – Post Progression (£40,777-£45,091 per annum). Pay award pending.
We are seeking to recruit two temporary (six month) full-time (37 hours per week) Social Workers, to join our Adult Social Work Team at Derwentside Lo Durham
Recuriter: Durham County Council

Head of Finance - Children & Young People’s Service

Rotherham Metropolitan Borough Council
£75,585 - £80,726 (pay award pending)
This is a great place to work for people who want to make a real difference. Riverside House, Rotherham, South Yorkshire
Recuriter: Rotherham Metropolitan Borough Council

Head of Finance and Accountancy (Deputy S151 Officer)

Chesterfield Borough Council
£72,000 (inclusive of Market Supplement)
In this role, you will provide visible leadership and management across the Finance Service Chesterfield, Derbyshire
Recuriter: Chesterfield Borough Council

Director of Digital, HR & Customer Services

Chesterfield Borough Council
£97,017
Reporting directly to the Deputy Chief Executive, you will lead a diverse directorate, with responsibility for Human Resources Chesterfield, Derbyshire
Recuriter: Chesterfield Borough Council
Linkedin Banner