Deposit

More than half of tenants in UK private rented sector cannot afford to buy

More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading

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Rents outside of London reach average of £750 a month, latest index shows

Renting a home is becoming more expensive in the UK outside of London as rent paid rises and pay falls, the latest letting index suggests. The average rent paid for a residential property outside the capital city was £750 in December and increased by 2.04% over 2016, according to the Landbay rental index. The index […] The post Rents outside of London reach average of £750 a month, latest index shows appeared first on PropertyWire . Continue reading

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More buy to let landlords set to become limited companies ahead of April tax change

With buy to let landlords looking to increase their portfolios in 2017 facing tax changes from April, it is likely that more will set themselves up as limited companies with the aim of being more tax efficient. Already more buy to let mortgage applications are being made via limited companies but experts are warning that […] The post More buy to let landlords set to become limited companies ahead of April tax change appeared first on PropertyWire . Continue reading

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