First time buyers hoping to buy a property are increasingly dealt a blow with banks and other lenders asking for ever larger deposits. But now it seems the rental marketing could be costing renters increasingly larger sums. in facct, the average deposit required has risen sharply this year alone by an extra £125 in a [...]
Tag Archives: rent
UK property rents set to rise more than prices in next five years
It seems like a doom and gloom time to be a Tenant but great news for Landlords. PropertyWire.com have an article predicting that UK rents will rise faster than property prices. This is likely to occur due to demand out stripping supply which in the same in any sector. If there is more people wanting [...]
High rents force more tenants to share homes
I read an article on HomeLet.co.uk about tenants increasingly finding it difficult to find properties to rent that are cheap enough so they’re being forced to share rather than rent somewhere by themselves. The data they collected came from the October HomeLet Rental Index which showed that the average number of tenants living in one [...]