The best and worst cities to rent in have been revealed, in a recent study by Insulation Express.
It’s probably no mystery to some readers that renting in London is a bleeding nightmare, to put it. I’m afraid to say goodbye to most of your monthly wages on day one is just part-and-parcel with living in this city. Under these results, though, London might not be as bad as you think …
UK’s most renter-friendly cities
Plymouth defeated Edinburgh narrowly to win the UK top spot with a 100 per cent rent-friendly score. Yet in the ‘best’ list, London managed to claim the number six spot, which may come as a shock to many. Unsurprisingly, the city scored badly at a whopping 64 percent on ‘percentage of income spent on rent’ — double what the renting champions Plymouth pay at 32 per cent. Yet what it lost there made up for at some of the lowest rates of eviction at 0.5%, and lower annual rent increases at 1.2%. Check at the ‘best’ table below.
UK’s least renter-friendly cities
With Luton, Leicester, Reading, and Manchester who complete the top four least-renter-friendly towns, this is not pretty reading. Luton and Manchester have high rates of eviction at 22.3% and 20.3%, while Leicester has a high average rent rise of 2.1%..
No prizes to guess London is the most expensive place to live in the UK. In terms of percentage of income going into rent, London (64%) is followed by reading (49%), Bristol (42.9%), Luton (41.1%) and Edinburgh (38.9%).
Derby takes the crown to rent the cheapest place compared to wages, with just 22 per cent going to rent. These are followed by Sunderland (23%), Stoke-On-Trent (23.2%), Newport (23.3%) and Hull (24.4%).