Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

PPI refunds: Cost of renting could increase by £1bn this year

The cost of renting could increase by £1.1 billion this year, making tenants an average of £550 worse off.

That is according to research by consumer website, almost half of the landlords in the UK plan to up their prices by at least four per cent.

Hannah Maundrell, head of content at the website, said: "The mortgage market has still not really opened up so many people who want to buy have no option but to keep renting.

"Unfortunately for them, simple supply and demand economics means that this pushes up the cost."

She claims that people who are concerned about the increase in rental prices should look at their contract and their rights as tenants, as rent prices are not necessarily "a foregone conclusion".

This may come as a blow to many tenants as it follows the news that inflation has increased as well as the VAT hike that came into effect on January 4th.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide