UK rents rise faster in deprived areas – and drag more people into poverty

1 year ago 35

Cost doubles in some poor urban districts, driven in part by mortgage rate rise, UK-wide study shows

People living in the most deprived areas of Britain have seen their rents increase by 52% over the past four years – while for tenants in the wealthiest regions, rents have risen by only 29%, new figures show.

“It is shocking to see that home rents have been rising in areas where people are least able to afford to pay more,” said Dan Wilson Craw, deputy chief executive of Generation Rent.

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