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"After inheriting a property from my late Mother, I approached National Homebuyers. I had been caring for my Mother for a number of years and the thought of selling the property using an Estate Agent was a hassle that I did not feel able to cope with. The sale of the property was a difficult […]"

Mrs J, Lydney, Gloucestershire

"We wanted to up-size to make room for our growing family, but needed to sell our flat first and National Homebuyers enabled us to do this quickly. They simplified the whole process of selling and enabled us to purchase our dream property! Further price hikes expected for renters over the next five years"

Mr & Mrs H, Space

Further price hikes expected for renters over the next five years

According to a new survey by the RICS, rental fees across the country are expected to rise faster than house prices by 2021.

RICSThe new survey, commissioned by the Royal Institute of Chartered Surveyors, is yet another nail in the coffin for the dreams of those who hope to buy, but are unable to gather the necessary deposit due to sky-high rental prices.

In detail, the research has found that while house prices are due to rise by around 20% by 2021, rental costs will increase by as much as 25%.

Thanks to the stamp-duty hikes in April last year – as well as the harsher restrictions placed on landlords themselves – many property owners are looking to downsize their portfolios over the next 12 months. This worrying trend is likely to exacerbate the issue by reducing the number of new listings coming on to the market – limiting the number of properties available for renters.

Even estate agents have also found the benefits of property rental management less attractive with the recent ban on lettings fees.

The restrictions on landlords were originally put in place to make cheaper properties available to potential home owners, but even low-end housing is still out of the affordability range for many first-time buyers.


With rent costs now accounting for nearly half of an average UK worker’s wages, these statistics should be considered as “yet another symptom of a very sick housing market that is carving ever-greater chasms between those who own a home and those who don’t,” according to David Orr, the Chief Executive of The National Housing Federation.

“Private renters are having the hardest time of it, paying the most as a proportion of the pay cheques and in real terms,” he said “We need to bring an end to these extortionate prices and give people real choices, by building the homes this nation needs.”

As rental demand continues to grow, the government has been met with a barrage of negativity regarding its handling of the housing crisis, with many property selling experts critical of the propositions spelled out in the White Paper released early this month.

It is clear that unless there is radical reform in the government’s approach to building affordable new-build homes, the number of those renters who have the money to put down a deposit on a new house will continue to dwindle – and will likely have a knock-on effect on those looking to sell their homes fast.

Vendors can of course use property buying companies, who are happy to buy any house for cash irrespective of location or condition. More importantly, with a quick and efficient process, sellers do not have to worry about agency fees or a potential buyer pulling out at the last minute.

Can’t find a buyer? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.


Homebuyer Man is the public face of National Homebuyers’ expert property team, keeping up to date with all the latest industry news, property trends and market information.

Homebuyer Man’s experience in the property market is unmatched, providing expert information and exclusive insight on all things property, whether that be mortgage advice or drilling down into the best times to buy and sell in different areas across the UK. With more than 15 years’ experience, there isn’t much Homebuyer Man doesn’t know when it comes to the property market.

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