Tag Archives: renters

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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Landlord association calls for agent fees to continue but spread out across tenancy

An association representing lettings agents across the UK is calling for agent letting fees to be spread across the first six months of a tenancy rather than being banned completely. The Association of Residential Letting Agents (ARLA) believes that the proposed ban in letting fees in England and Wales, they are already banned in Scotland, […] The post Landlord association calls for agent fees to continue but spread out across tenancy appeared first on PropertyWire . Continue reading

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Ban on letting agent fees divides UK rental industry

Opinion is divided over whether or not the decision to ban letting agent fees in England is a good move for the private rental market. The announcement by Chancellor Philip Hammond that the ban will be introduced as soon as possible was met with dismay by letting agent and landlord organisations who warned that agents […] The post Ban on letting agent fees divides UK rental industry appeared first on PropertyWire . Continue reading

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