Income

Research suggests proposed ban on letting fees in England is causing confusion

The Government’s consultation on banning letting fees in England is likely to be launched soon but research suggests that there is already confusion and speedy process is needed. Housing Minister Gavin Barwell confirmed that the consultation will launch in the spring and said that the proposed ban is part of building a strong and safe […] The post Research suggests proposed ban on letting fees in England is causing confusion appeared first on PropertyWire . Continue reading

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Single people in UK finding it impossible to buy a home

One in four young people in the UK feel it will be impossible to buy their own home without a partner as they need the joint income to be able to afford a property, new research has found. On average, 45% of young couples living together rent a home and 44% own a home jointly […] The post Single people in UK finding it impossible to buy a home appeared first on PropertyWire . Continue reading

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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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