The minimum cost of living has soared by a quarter since the start of the economic downturn creating an "unprecedented erosion of household living standards", according to research published by the Joseph Rowntree Foundation.
The research finds rising inflation and flat-lining wages are two of the key reasons for the additional pressure on families along with increasing childcare, food and housing costs.
Monthly rents will hit an average of £800 in England and Wales in two years’ time, while one in five people will be living in private rented accommodation.
The claims came from Lucy Jones, operations director at LSL, speaking at a Council of Mortgage Lenders conference.
A letting agent has been ordered by a court to pay £41,200 after admitting 13 offences at five Houses in Multiple Occupation.
Strats Estate and Letting Agents of Hatfield, Hertfordshire, was taken to court by Welwyn Hatfield Borough Council.
The amount of rent money owed by private tenants in England and Wales fell 2.1 per cent during May, according to a network of lettings agents.
LSL Property Services in its latest buy-to-let index out today shows the total amount of late or unpaid rent decreased to £276 million last month, compared to £282 million in April.
The number of people seen rough sleeping in London has risen by 13% in the past year, a new report has revealed.
The ‘Street to Home 2012/13’ report shows that 6,437 people were seen sleeping on the streets of the capital between 1 April, 2012 and 31 March, 2013 - compared to 5,678 the previous year.
Young people across the UK face being locked out of the property market for an average 14 years, new research has revealed.
The report, from housing charity Shelter, shows that would-be first-time buyers with families could face a wait of more than a decade before they can get themselves on the property ladder.
Landlords have expressed their deep concern over the impact of Universal Credit on the private rented sector.
Most (70%) of those who let to tenants currently in receipt of Local Housing Allowance said they are worried about the welfare changes.
Tenants are continuing to vote with their feet in the most expensive parts of London, by moving out to cheaper areas.
Agents are reporting the ongoing exodus, amid an over-supply of properties, with landlords having to freeze or cut rents.
Councillors representing 36 local authorities have urged the government to abolish its controversial bedroom tax policy.
At a special summit held at Manchester Town Hall last week, Labour councillors representing Bradford, Bristol, Cambridge, Birmingham, Nottingham and 31 other cities outlined the damage they believe is being caused by the under-occupancy policy.
A mechanism to recover rent arrears is to be incorporated into the new Universal Credit system, by docking the benefit.
Landlords who are owed rent by tenants receiving benefit will be able to request direct payment once a certain level of rent arrears – as yet undecided – is reached.