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Tenants in UK private sector worse off financially than people with a mortgage

People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading

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Homes in north of England take longest to sell but central London also slowing

Properties in the north of England take the longest to sell with Sunderland, Rochdale, South Shields and North Shields spending the largest number of days on the market, new research shows. But there is a slowdown in the time it takes to sell in part of London, particularly once popular central locations such as Knightsbridge, […] The post Homes in north of England take longest to sell but central London also slowing appeared first on PropertyWire . Continue reading

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Saving for a deposit continues to be biggest obstacle for UK first time buyers

Saving for a deposit is still the biggest obstacle for first time buyers in the UK with 26% saying that they will need to borrow from their parents to do so, new research has found. Some 46% of first time buyers believe that the issue of rising house prices should be addressed as it is […] The post Saving for a deposit continues to be biggest obstacle for UK first time buyers appeared first on PropertyWire . Continue reading

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