A London estate agent has come under fire for encouraging landlords to “take advantage” of soaring rents in a “grotesque” email sent as many face poverty over rising housing costs.
Politicians and housing groups have condemned David Astburys estate agent, which has two branches in north London, for sending a newsletter titled “Rents hit record highs, find out how to take advantage”, which urged landlords to get a “high return on their investment”.
Private rents in the UK have risen by their highest annual rate on record, according to figures from the Office for National Statistics, leading housing economists to warn that renters may be pushed into poverty and homelessness as a result.