rentals

Rental growth slowing in London more than in rest of UK

Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK 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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Lettings industry urged to be careful about deposit deductions following legal case

Letting agents and landlords in the UK are being urged to be careful with deposit deductions if they cannot prove what they are for in the wake of a court case. The warning from the Association of Independent Inventory Clerks (AIIC) follows a court case in Bristol where a group of tenants claimed back over […] The post Lettings industry urged to be careful about deposit deductions following legal case appeared first on PropertyWire . Continue reading

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