“Annual private rental prices increased by 4.6% in England, 4.4% in Wales and 5.1% in Scotland in the 12 months to March 2023.” 1 L andlord and letting agent costs Maintenance fees, charges and mortgage interest costs 2 • On 25 June 2023, the Bank of England raised interest rate (Bank Rate) to 5%.1F • Materials and labour for repairing, maintaining and impr...