Tenants seek all-inclusive rents as bills soar
All-inclusive rents are rising up the list of priorities among people searching for somewhere to live, according to property portal Rightmove.
Jermaine Browne, co-founder of one such operator - ARK - said it was a "simple and effective solution" to financial uncertainty.Image source,These represent only a fraction of the rental market, and private landlords are far less likely to include bills in the rent. "We've managed to stay in it by limiting our use - turning off the heating, and using the most appropriate cooker ring," she said.
suggested that 63% of those asked had struggled to pay their rent, up from 53% a year earlier. Many said this had an impact on their mental health.Dan Wilson Craw is the deputy director of Generation Rent, which lobbies for renters. This is his view on the pros and cons of inclusive rents: At the end of your initial tenancy it might be difficult to negotiate a lower rent if energy bills have fallen. Conversely, if the landlord wants to raise the rent to account for higher energy costs, it can again be difficult to know if you're getting a good deal - particularly if you don't know what your energy usage has beenSome tenants want to buy a first home. House prices may be starting to fall, but not necessarily fast enough to make much of a difference to affordability.
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