Tenants set for significant post tax financial constraints by end of 2022
"Financial pressures are raining down on households." reads the first sentence of estate agent Hamptons' latest cost of living research on tenants in the private rented sector. Their research shows that tenants paid 52% of their post tax income on rent and bills in 2021 but, by the end of 2022 they estimate that this will rise to 54% - equivalent to an extra £1008 - and that most of this increase will come from higher home energy costs.