Posts Tagged ‘renting’
BREAKING PROPERTY NEWS – 28/06/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets PRESS RELEASE: A recent poll by the Tenancy Deposit Scheme (TDS) asked agents and landlords about their experiences when renting to students. The TDS poll discovered common disagreements, the top causes of…
Read MoreWEEKLY NEWS ROUNDUP – 24/06/2022
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Table of Contents Renter’s Reform: The biggest upheaval in private renting since the 2004 Housing Act Most Homeowners Overly Optimistic About Property Value, According to Figures Property Market: Boom or bust, does it matter? There is a bigger threat to…
Read MoreBREAKING PROPERTY NEWS – 22/06/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Property Market: Boom or bust, does it matter? There is a bigger threat to the industry Everyone knows that asking prices are going skyward and agents have very little inventory, vendors are getting greedier as they need higher amounts to cover the cost of…
Read MoreLondon has been the most affordable city for renting over the last five years
According to the latest rental market analysis from deposit replacement scheme, Ome, London has been the most affordable city for renting in England and Wales over the last five years when taking into consideration the increasing cost of renting. Ome dissected rental market statistics from the Office for National Statistics (ONS) across 19 major cities…
Read MoreRLA membership hits new record high
Membership of the Residential Landlords Association (RLA) has hit a new record high of 35,000. Established by landlords, for landlords in 1998, the not-for-profit association – Britain’s leading landlord body – has seen huge growth in recent years, reaching this new milestone less than two years after hitting the 30,000 mark. Answering more than 66,000…
Read MoreBuying a home is cheaper than renting according to Halifax
The latest Halifax Buying vs. Renting Review found that the average cost including mortgage payment of buying a three-bed home in the UK was £679 a month in December 2017, compared to the average monthly rent of £754 for the same property type. New research from the Halifax reveals that first-time buyers are saving £27,000…
Read MoreTop tips for sharing costs when renting with housemates
Renting with other people is a great idea where you can not only make new friends or take on a new adventure with old ones, but you can also share home costs. They can make the financial burden of home rental a lot easier to bear. But remember – it is important to sit down…
Read MoreBuying cheaper than renting.
An interesting article appeared on the Zoopla website yesterday with the headlines ‘Buying cheaper than renting in nearly half of Britain”s major cities’, with Glasgow, Coventry and Birmingham topping the list of places where buying beats renting. Zoopla’s Lawrence Hall explained: “On top of the enjoyment that can come with owning your property, buyers…
Read MoreAnother new rule for Landlords in Wales
New rules coming into effect in Wales from the end of February will mean landlords will require planning permission to convert a house from use as a single household to a shared rental property of 3 to 6 unrelated people, commonly known as Homes for Multiple Occupancy (HMO) Landlords will need to pay a fee…
Read MoreBuying cheaper than renting for FTB’s
Recent research from Santander Mortgages suggests that potential first time buyers would find it cheaper to buy than rent at the present time, they state that average rental prices are greater than average mortgage repayments in every region of the UK, a saving for first time buyers on average of £2,300 per year if they…
Read MoreThe Manchester Metrolink Rent Map 2015: How Far Will Your Money Go?
Manchester-based digital agency Digital Media Team has put together a handy rental map of Manchester, showing the average monthly cost for a one-bedroom property based on the postcode of each stop on the Metrolink route. It’s not as shocking as the London Underground Rent Map (£2920pcm for a one-bed at Hyde Park Corner, anyone?), but…
Read MoreLandlords to face jail who rent to illegals.
Illegal immigrants are the focus of a new governemnt crackdown shortly to be included in a forthcoming Immigration Bill, landlords who fail to evict migrants who do not have the right to live in Britain could be jailed for up to five years. Stronger powers will be given to Landlords who will be able to…
Read MoreShelter report on rent caps
The idea of capping rents would make life harder for tenants is a warning coming from the Housing Charity Shelter, this follows on from a report commissioned by them, researchers from the University of Cambridge said in that report that hard rent controls would remove landlords incentive to invest in their properties leading to poorer…
Read MoreHomes in Multiple Occupation
The HMO market could become the rental option of choice especially for the younger professional tenants, there are various benefits to starting out renting this way. Initially the tenant will be paying less in rent and charges which will allow them to save for their deposit for their first home earlier, average first time buyer…
Read MoreGovernment minister for tenants
According to research from Your Move and Reed Rains tenants would like to see a government minister specifically to deal with their issues within the housing sector, actually it revealed 60.2% of respondents were in favour of having one. The survey also revealed that renting is becoming a longer-term option for increasing numbers of people.…
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