First-time buyers are saving up to £800 per year compared to the average renter across the UK, recently released figures reveal. Those looking to get onto the property ladder for the first time are making the biggest savings in London and the south east, according to the data from Halifax. In these regions property investors … Read more
First-time buyers are saving up to £800 per year compared to the average renter across the UK, recently released figures reveal. Those looking to get onto the property ladder for the first time are making the biggest savings in London and the south east, according to the data from Halifax. In these regions property investors … Read more
Demand for city centre living is on the rise, with renters now looking to take advantage of discounted rents as the nation prepares to exit lockdown. With an end to restrictions in sight, rental enquiries have been surging in some city centres according to new analysis by Rightmove. The research looked at the uplift in … Read more
Around 840,000 private renters in England and Wales have built up rent arrears since lockdown measures began, according to new research. A survey of tenants for the National Residential Landlords Association, carried out by research consultancy, Dynata, suggested that seven per cent of all private renters had built arrears due to Covid. Whilst the average … Read more
London renters are leaving the capital for countryside locations, expert warns, as others say the city will remain popular post-pandemic New research by SpareRoom shows 27% of London’s renters plan to move post-Covid-19 Half of those planning to move intend to leave the capital altogether London is expected to experience a 13% net exodus in … Read more
Generation rent may be a phrase more associated with younger people, but new data shows a surge of older people now renting their home. The number of over 55s renting has more than doubled over the past decade as pension incomes wane and later life divorce becomes more common. There has been a 118 per … Read more
Renters betrayed as new evictions approach after housing secretary ‘tears up his pledge’ to protect them Robert Jenrick introduced ban on convictions at the start of the Covid pandemic But government to allow evictions to resume in England and Wales from Monday Figures show 322,000 private tenants fell behind on rent due to coronavirus By … Read more
No evictions this Christmas: Housing Secretary confirms new support measures mean renters must be given six months’ notice – despite landlords’ pleas that they are struggling too Robert Jenrick confirmed new support measures will prevent tenant evictions The Government has changed the law to increase notice periods to six months Exceptions will only apply ‘in … Read more
Could June see a surge in renters moving home? Tenancies extended due to lockdown rental freeze and evictions ban are both due to end Landlords have been granting monthly extensions to tenants during lockdown However, many of these tenants could move now the ban on moving has lifted Experts also warn of a surge in … Read more
Renters renewing tenancies handed rebates thanks to government ban on high deposits… with one totalling £3,385 Cap on tenancy deposits sees an average £320 returned to overpaying renters This follows government legislation which in June banned rip off tenancy fees Deposits are now capped to five weeks’ rent or six weeks’ for rent over £50,000 By … Read more