According to My London Office of National Statistic data shows that Brent has seen the steepest rise in rents over the past 12 months of any local area in England or Wales.
The average rent is now £2,121 per month - a rise of 33.6% since 2023. This compares with a London average rise of 9.6%.
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Yes a landlord neighbour of mine has been boasting he's put his rents up in 3 months by 30% across the board. Disgusting people.
What I really don't understand is why so many people want to live in the mess that is B~ent, and are consequently facilitating the increasing rents at unsustainable rates.
So much of the UK is an absolute dump.
A fair rent tribunal would be a good idea but we can thank maggie thatcher for abolishing that. So now many have been forced into claiming housing benefit to stay in their rental homes as wages aren't keeping up, and fewer homes at social rent are being built.
The only people who laughing all the way to the bank are unscrupulous landlords.
The huge rent rises also have a big knock-on effect in Brent.
Because so many local families can't afford the increases, a record number are becoming homeless. This means that they look to Brent for Council homes that don't exist, and end up in temporary accommodation, which is currently estimated to cause a £15m deficit in the Council's budget this year.
Yet Brent continues to allow developments with far too few genuinely affordable homes, or for student accommodation which provides no homes for local people (although every 2.5 student rooms are counted as on home for the Council's housing targets!).
Student Accommodation is a very expensive and there are a lot of rules and regulations. After 1st year most Students have found their feet and then go on to rent with their friends 3 bed homes or 2 bed flats, and therefore take from existing availability on the market. Student Accommodation is also too expensive for average student without financial support and that does not include having a part time job.
Landlord of my neighbour done the same first opportunity he got. 1 bed went from £1250 pcm to £1550, and 2 bed from £1800 to £2200. No shame and same tenants have had to now go and ask help from Housing Benefit despite working full time, don't know how successful they have been, but may see them move out soon?
2 bed home next to me now has converted to 3 bed HMO without a licence and has 7 people living there.
Student accommodation means students not taking general housing stock
Don't panic the Brent conservation area fortresses of cradle to grave socialism in practice and delivered on are expanding in size 2024, converting flats back to freehold family houses to lower population density and to keep zoned-in socialism limited alive and sustainable for select future generations to enjoy.
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