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SFI: Generation Rent incurs £30bn increase in rent bill in the last decade

With many tenants paying more than half their salary in rents, Generation Rent has incurred a £30bn increase in the rent bill this last decade, Auto-switching service The Labrador has found.

by Anton Hagelund

November 26, 2018

The research said a rise in fuel bills has pushed 2.55 million UK households into fuel poverty.

In response to an acutely prevalent issue that effects the vast majority of the UK’s rental market, The Labrador has teamed up with FCC Paragon to provide auto-switching services to hundreds of thousands of homes through FCC’s network of real estate and letting agents.

With such a saturated rental market and a struggling bricks and mortar sector, tenants are often exposed to inflated prices to significant financial detriment.

Read the full article to see how many Brits who do not know if they are overpaying their bills here.

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