- Renters across England are reaching their 'cost of rent day', a financial milestone where more than four months of their annual income is consumed by rental payments.
- Private renters in England typically spend about 36 per cent of their median household income on rent, with this figure being significantly higher in cities such as London and Bristol.
- Campaign groups Generation Rent and the Renters’ Reform Coalition are calling for urgent government action to control surging rental prices and empower metro mayors to limit rent increases.
- The Government introduced reforms in April, including the Renters’ Rights Act, which provides stronger protections such as fairer rent rules and the eventual end of Section 21 'no fault' evictions.
- A report from the Institute for Public Policy Research (IPPR) estimates that 2.4 million private rented households in the UK face unaffordable housing costs, recommending a 'double lock' to stabilise rent increases.
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