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Cleaning, damage and decoration cause most disputes in UK rented sector
New research from the Tenancy Deposit Scheme annual survey reveals that cleaning issues make up 57% of all disputes in the private rented sector in the UK. This is more than damage to fixtures and fittings which account for 51% of disputes between landlords and tenants and interior decoration which makes up 32% while rent […] The post Cleaning, damage and decoration cause most disputes in UK rented sector appeared first on PropertyWire . Continue reading →
UK financial watchdog reveals mortgage lending glitch
More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading →
Residential rents up 5.4% a year in Scotland with yields at 5.9%
Edinburgh and the Lothians have the highest residential rents in Scotland with overall values up 5.4% in the last 12 months, according to the latest index figures. This means that the average property in Scotland lets for £576 per month and the Your Move buy to let index also shows that rental yields continue to […] The post Residential rents up 5.4% a year in Scotland with yields at 5.9% appeared first on PropertyWire . Continue reading →