Claims extracted
21
sentences that state something as happening or true
Uncertain
0%
0 of 21 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
65/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
4
Economy/Business
Same framing elsewhere
3
articles that frame the event the way this one does
Annual rental growth is at 3.2% in the capital – a faster pace than the 2.4% growth seen outside London.
asserted
growth → see → London
The supply of available homes for tenants to choose from in the UK remains constrained, with the average monthly private advertised rent, excluding London, topping £1,400 for the first time, Rightmove said.
asserted
Rightmove → choose → time
The typical asking rent for a home outside London rose to a new record of £1,418 per calendar month in the third quarter of this year.
asserted
rent → ask → year
While rents continue to rise, rental price growth has stabilised, compared with the intense competition seen at a recent peak in the market, the website said.
asserted
website → continue → market
The annual increase in asking rents in the third quarter was 2.4%.
asserted
increase → ask → quarter
Between 2021 and 2023, annual rental growth in Britain hovered at around 10%, Rightmove said.
asserted
Rightmove → hover → %
The number of available rental homes is 2% lower than a year ago, while renter demand is also down by around 2%, the website added.
asserted
website → add → %
Colleen Babcock, a property expert at Rightmove, said: “Average rents have reached another new record and have now surpassed £1,400 per month outside London for the first time.
asserted
rents → say → time
Read More
“However, beneath the headline figure, rental growth has continued to settle compared with the exceptionally fast pace we saw a few years ago.
asserted
we → read → pace
“Supply remains constrained, which is continuing to put upward pressure on rents, but demand is also more measured.
asserted
demand → remain → rents
“That has helped to create a more balanced market overall, even though affordability remains a challenge for many renters.”
asserted
affordability → help → renters
Matt Smith, a mortgage expert at Rightmove, said: “One of the biggest challenges for many landlords at the moment is managing the properties they already own when the time to remortgage comes around.
asserted
time → say → properties
“New buy-to-let investment has been relatively subdued for some time, and some landlords are still reaching the end of much cheaper fixed-rate deals taken out when borrowing costs were lower.
asserted
costs → buy → deals
“For those landlords, moving onto a higher mortgage rate can have a significant impact on monthly costs and rental yields.”
asserted
moving → move → costs
Kesha Foss-Smith, head of lettings at John D Wood & Co, said: “Despite tighter supply, value for money remains critical.
asserted
value → say → money
“Tenants are increasingly discerning, especially at the upper end of the market, making realistic pricing and high-quality presentation essential.
asserted
pricing → discern → market
Aneisha Beveridge, head of research at Hamptons, said: “Asking rents are useful for taking the temperature of the market, but they only tell part of the story.
asserted
they → say → story
“Increasingly, some of the largest rent rises are happening within existing tenancies as landlords seek to narrow the gap between long-standing rents and current market levels.”
asserted
landlords → happen → rents
She added: “In many cases, landlords are catching up rather than pushing rents materially beyond the market rate.”
asserted
landlords → add → rate
Ms Beveridge said: “The fundamental issue remains a shortage of rental homes.
asserted
issue → say → homes
“While rental growth has cooled from the frenzied levels seen a few years ago, the supply of available homes remains constrained, which continues to put upward pressure on rents across much of the country.”
asserted
which → cool → country
The Aporia
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