Rents soar in commuter towns as remote workers flee cities in search of cheaper homes - what does it mean for landlords?
Rents soar in commuter towns as remote workers flee cities in search of cheaper homes, according to data from Spareroom.
Rents hit record highs in seven of Britain’s nine regions in the three months to September, with 21 towns and cities recording annual increases of at least 3 per cent.
The rises have been fuelled by growing competition for rental rooms, with availability down 4.7 per cent compared with the same period last year.
According to SpareRoom, rising costs and a shortage of available accommodation are also pushing renters out of major cities and towards commuter and market towns in search of more affordable places to live.
Questions for Newspagers
- Have you noticed an increase in demand for rental properties or rooms in your area, particularly from tenants moving out of major cities in search of more affordable accommodation?
- Have rising rents and increased competition among tenants allowed you to raise your rental prices, and if so, by how much over the past year?
- Are you seeing a change in the type of tenants approaching you, such as more remote workers and professional sharers looking to rent in commuter towns, and what impact is this having on your business?



