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Rents in Britain are higher than any other country in the EU

Rents in Britain are higher than any other country in the EU

Brits pay more in private rents than those from any other other EU country, according to new analysis.

It found that the average rent was nearly double the European average and about 50 per cent more than in countries such as Germany and the Netherlands with similar wage levels.

The National Housing Federation report calculates that Britons who rent are handing over almost 40 per cent of their earnings to their landlords, compared with a European average of 28 per cent.

It said the findings illustrated the “raw deal” faced by renters compared with their European counterparts and called for an increase in house-building to force down rents.

The rent is too damn high...

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