Income

Family homes to rent in London increasingly unaffordable, new research shows

Properties in London are now so expensive that couples looking for a family home pay more than half of their combined monthly salary to rent a typical three bedroom home, new research has found. They would need to fork out 55.6% or £2,460 of their combined average monthly salary to rent an average property, some […] The post Family homes to rent in London increasingly unaffordable, new research shows appeared first on PropertyWire . Continue reading

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Mayor of London announces new planning rules to speed up affordable home building

The Mayor of London has announced new planning rules to speed up the building of more affordable housing in the city which has a shortage of homes at the lower end of the market. Sadiq Khan also announced plans for how the record breaking investment funding of £3.15 billion announced in last week’s autumn statement […] The post Mayor of London announces new planning rules to speed up affordable home building appeared first on PropertyWire . Continue reading

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Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees

Some 40% of residential landlords plan to increase rents if they are left to pick up the cost of the ban on letting agents charging fees in England, a new poll has found. Only a third of the respondents questioned said that they would definitely not raise their rents, meaning that potentially two thirds of […] The post Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees appeared first on PropertyWire . Continue reading

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