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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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New criminal offences for UK landlords over right to rent immigration checks

Controversial Right to Rent legislation in the UK has been upgraded from today with the introduction of tougher penalties for landlords and letting agents, including prison, if they fail to carry out immigration checks. The Right to Rent rules were introduced in February this year requiring all landlords or their letting agents to make immigration […] The post New criminal offences for UK landlords over right to rent immigration checks appeared first on PropertyWire . Continue reading

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New home sales and approvals falling in Australia

New home sales in Australia fell by 8.5% in October to a two year low but the slum is not unexpected as the housing market is coming to the end of its longest and strongest building upturn. The figures from the Housing Industry Association (HIA) report show that detached house sales fell by 8.2% and […] The post New home sales and approvals falling in Australia appeared first on PropertyWire . Continue reading

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