home ownership

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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San Francisco and London most expensive cities to rent a home

San Francisco, London, Hong Kong and Tokyo are the most expensive cities in the world to rent a one bedroom apartment, according to new research. Average rental prices account 47% of average salaries in San Francisco, 45% in London, 44% in Hong Kong and 42% in Tokyo, according to the rankings of 20 top cities […] The post San Francisco and London most expensive cities to rent a home 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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