renters

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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RICS reveals current construction skills shortage could be made worse by Brexit

The UK construction industry could lose almost 200,000 workers from the European Union If the Brexit negotiations mean that the country loses access to the single market, it is suggested. It would put some of the country’s biggest infrastructure and construction projects under threat, according to new research from the Royal Institution of Chartered Surveyors […] The post RICS reveals current construction skills shortage could be made worse by Brexit appeared first on PropertyWire . Continue reading

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UK rents grew by slowest annual rate since 2013 in February

Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading

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