Record rise in average rents in Boston in year to March

Average rents in Boston have risen more in the 12 months to March than at any point in the last three years, new figures show.

Housing charity Shelter said thousands of people are "battling to stay in their homes and face the threat of homelessness" as they attempt to keep up with rents rocketing to record levels.

Office for National Statistics figures show the median rent per property paid by tenants across 1,640 homes in Boston in the year to March was £675.

This is a measure across all types of properties, from shared rooms to one-bed apartments to four-bed homes, so prices vary widely.

It was up by 8% from £625 the year before – the greatest annual increase since the year to September 2020 and the earliest comparable figures.

In the year to March 2020, before the pandemic, tenants paid an average of £595.

The median – the middle number in a series – is used to ensure the figures are not skewed by extreme highs or lows.

Further ONS figures show rents in England increased by 4.9% in the 12 months to May – up from 4.7% in the 12 months to April, and the highest rise since records began in January 2006.

This included a 5.1% increase in London, the third-highest annual increase in the capital since 2006, as well as a 5.1% rise in Yorkshire and the Humber, a record for the region.

Scotland and Wales also saw record yearly rental price rises of 5.4% and 5% respectively.

Shelter said private renters are "facing a crisis like never before" and blamed the Government for failing to build enough affordable social housing.

Polly Neate, chief executive of the charity, said: "Given private renters already pay the highest housing costs of anyone, and have for a long time, they’re feeling the pain of the current cost of living crisis more than most."

Ms Neate said while the Government's immediate focus should be on ending the four-year freeze on housing benefit and "preventing a tsunami of homelessness", building social homes is the only answer to ending the housing emergency for good.

"We desperately need more genuinely affordable social homes with stable rents that are tied to local incomes and not an unstable private market," she added.

Dan Wilson Craw, deputy director at renting campaign group Generation Rent, said: "The Government’s failure to act is unaffordable. We need more social house building to take people out of the expensive private sector, Local Housing Allowance that reflects market rents, and protection for tenants from unaffordable rent increases."

A UK Government spokesperson said the Renters Reform Bill will "deliver a fairer deal for renters in England".

They said the bill "will empower tenants to challenge unjustified rent increases and protect them as we keep our commitment to ban ‘no fault’ evictions".

The spokesperson added housebuilding is a priority for the Government, committing to building 300,000 homes every year to "create a more sustainable and affordable housing market".