Mortgage Approvals – Highest since February 2017 – Comment from GetAgent and Springbok Properties

Gross mortgage approval statistics announced just now show a significant spike. Total approvals numbered 43,000, UP from 40,600 in the same month last year and a meaningful improvement on the forecast of 39,300 and the highest rate since February 2017. Shepherd Ncube, Founder and CEO of Springbok Properties, a national estate agency business based in…

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Champions League Rental Costs – Rent for 4 years in Liverpool, 1.4 in London and 2.8 in Madrid for the cost of the weekend trip

Leading room share platform, ideal flatmate, has looked at the eye-watering cost of attending this year’s Champions League final and how long this money could keep a roof over your head in each teams’ respective rental markets. It was recently reported that some tickets for the final are going for as much as £40,000 online,…

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Comment on the latest ONS rental and house prices index

Co-founder of ideal flatmate, Tom Gatzen, commented: “While rental growth rates across the UK may have slowed, affordability issues remain prevalent across the sector and as more of us remain reliant on renting in order to put a roof over our head, prices will continue to climb. With the wider market starting to pick back…

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Hull is the happiest place to rent in the UK

Leading innovative lettings platform, Howsy, has looked at where across the UK offers the best mix of happiness and affordable rental costs. Howsy analysed data from the ONS on the wellbeing score of each area of the UK before dividing this by the cost of renting in each area to see where offered the lowest…

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Tenant fee ban will reduce deposit fees by £2.9bn a year

The latest research by property compliance specialists, VeriSmart, has revealed the huge sum of money currently tied up in the private rental market across England and how this will change with the introduction of the tenant fee ban on the 1st June. VeriSmart analysed data from Gov.uk which shows that there are 4,530,000 tenants currently…

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Variant household projections for England fall by 845,500

The latest figures from the Office for National Statistics have found that the projected household representative rate variant shows a large reduction in the projected number of households by mid-2041. The difference is some 845,500 households than first projected with all regions of England seeing a drop and London seeing the largest decline at 329,200.…

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