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Rents across the country rise but Bristol’s rise even faster.

'Bristol Res' Blog • 17 October 2019

Rents across the country rise but Bristol’s rise even faster.

A report produced by property portal Zoopla provides the first insight on the impact to rents following the Tenancy Fee Act 2019.

The report released yesterday demonstrates that rents are on the rise across the country. The average year on year increase is 2% but the rate of rise varies from place to place.

The cities which have seen the largest year on year rent increases are Nottingham 5.4% , Bristol and Leeds, both at 4.5%.

The Zoopla report also suggests that the typical tenant in the UK spends nearly a third of their earnings on rent (31.8%), slightly less than the peak in 2016.

Outside of London, tenants spent the highest proportion of earnings in Oxford, Brighton and Cambridge, with the lowest in Hull, Bradford and Stoke.

Nearly three-quarters of 16 to 24-year-olds and almost half of 25 to 34-year-olds rent from a private landlord, according to the government’s Family Resources Survey.

As a property portal covering the whole country Zoopla is also able to provide details on the average length of time a property takes to rent, reporting that this figure has come down from 19 days last year to 17 this year.

In comparison the 50+ properties rented by The Bristol Residential Letting Co in September this year took an average of just 6.5 days to rent.

The silver lining to tenants in our city is that the economy in Bristol is going from strength to strength and as such wage growth is surpassing the national average of 4%.


Just lettings, just Bristol

 

 

Record attendance expected at Ashton Gate tonight

 
The West Country is set to confirm its reputation as the heartland of English rugby tonight as a record crowd is expected at Ashton Gate for the derby game between Bristol Bears and Bath Rugby.

The fixture brings up the curtain on the Gallagher Premiership season for the second successive season following the smash success of last season’s game.

Earlier this week the Bears confirmed the fixture is a sell out with a record crowd of 26,399 set to descend on BS3 for the showpiece game.

This attendance will surpass the number who viewed Bristol’s victory over Bath last year of 26,079 and the current record attendance of 26,088 who attended Bristol City’s 2-1 quarter final victory over Manchester United in the Carabao Cup in December 2017.

If you aren’t lucky enough to have a ticket to get into Ashton Gate the match will be shown live on BT Sports – Kick off 19.45


Just lettings, just Bristol

 

16 Bristol Restaurants named in the AA Guide 2020

 
Earlier this week the AA unveiled The Restaurant Guide 2020, every food lover’s guide to the best cuisine in the UK. The guide contains over 2,000 restaurants currently awarded Rosettes for culinary excellence by the AA’s professional inspectors.

Bristol featured an incredible 16 restaurants in this year’s guide, demonstrating once more the exceptional level of the city’s food scene.

The guide rates restaurant from one Rosette to five Rosettes, and the full list of Bristol’s restaurants – with links – can be found below.

The guide itself costs £16.99 and is available now


Just lettings, just Bristol