I can understand a landlord wanting a long-term tenancy, I would've thought it was in a tenant's interest too. If prices are going up as you say on a weekly basis, wouldn't it be in your interest to sign up to a long-term contract and thus nullify future increases? Like the housing market in general, it's a basic supply and demand problem, more people looking than properties available. I can't see the problem being resolved for quite some time, certainly not under the current Gov. Asking for money up front (over and above the normal deposit) is taking the mick though. You don't elaborate as to the extent of the damp and structural issues, but I would imagine neither is an easy fix with tenants in-situ. Such remedial works can be noisy, dusty, extremely inconvenient e.g. lifting up of carpets, floorboards etc, and depending what the structural issue is, even dangerous. These sort of repairs are best done when the property is vacant...