Hi everyone,
Has anyone noticed a dramatic increase in rental prices within the last few months? A close friend is planning on renting in the area so have been trying to help him find somewhere (NE). He’s in a professional role with a very good salary, living alone but not being shortlisted for rental properties. There is a lack of private properties in the area as mostly all council housing and the ones that are coming up for rent are mostly EPC D/E, full of damp when viewed and going for £200 more than ones in the same area a few months ago.
I currently live in a flat which has damp problems and a hole/crack in the ceiling which the landlord chooses to ignore. As a single parent of young dc and on UC (trying my best to find a job but finding it difficult to find one which fits into childcare hours), I am finding it very hard to imagine I will find somewhere. If my friend with a professional salary and no kids is struggling to be accepted into rentals, then what are my chances? 😔
I could pay a some months rent in advance (savings which have been declared to UC) and have a guarantor but even with a job the prices of current rentals seem extortionate?
Any input or advice greatly appreciated!