The precarious nature of renting is a growing concern but how best to improve the market and limit rising costs divides opinion. Harriet Meyer reportsHayley Miller was initially shocked when she received a letter to say the rent on her London flat was to increase by £1000 a month. But this soon turned to resignation when she accepted that the unaffordable hike would mean she had to move to another flat – her eighth move in eight years.“The contract was coming up for renewal and we were told the rent was increasing to £2800 a month [from £1800],” says the 34-year-aged, who shares a two-bedroom flat in Camden with a couple. “It’s really unhappy as I loved it, and the landlord let us get two cats only a few months ago. I’ve only been there around a year,and the final rise was only about £70, so this was a total shock.”Continue reading...
Source: theguardian.com