According to the reports from the Shelter, a housing charity, complaints have been surging of private landlords deny repaying rental deposits of the tenants. Shelter, worrying about the trend measures 86% of such grievances from the UK tenants. The UK government have had come up with several schemes ensuring tenancy protection, despite; the tenants are unsecured about their stay/occupancy. In the face of that, shelter helpline is still getting calls on this issue. Continue reading
Latest report from Royal Institution of Chartered Surveyors (RICS), states a marked increase in the rental rates of residential property in UK from the onset of the year till month. The increased rental rate has been due to an increased demand over the supply. One of the effective reason for seeking rental houses is due to the struggling times the economy is challenging people to lead a different style. This had made renting a "way of life". It is for this reason we see the private rental sector growing wherein more household are seen renting houses for a longer time of period. Continue reading
The student letting in UK as a part of UK property market has undoubtedly outperformed every other property investments. With UK, being one of the most preferred destinations for higher studies, students, around the globe are considering to go there. This is made the student letting, one of the top performing sector. There are many reasons for the sector showing out performance. The biggest reason is the number of overseas students choosing UK as their destination for higher studies. Now, since these are students, with low budgets, they don’t mind living in lower or middle rent bracket houses of UK. Continue reading
Report from the independent estate agency in UK, haart, noticed a fall in the average residential rent in UK up to 4.3% in May. The report further states a marked fall at round £919 a month in May for residential properties in London, in the month of May. Also interesting fact was a fact that, outside London, saw an increase in rental rates by 0.7%. to £791 over the same period. However, on the whole, the overall average rate of rent has have only been slowing since the beginning of 2012. Continue reading
Housing plays a central role by providing a roof; it ensures a quality life to us in the community and society that we’re all a part of. But many people unfortunately cannot make it to buying a house of their own, so they simply choose to rent and stay. However, you might not be as lucky in today’s market driven world to get a well, furnished house at a low price. This situation is true for all the people of all the countries. Needless to say that such situation also arises in fist world or developed countries. This doesn’t mean that there is no way out to get your head under a roof; called home, even at if you don’t earn much, for there is the provision of social housing facility. Continue reading