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The Number Of Private Rental Sector Tenancies Has Doubled In 30 Years

Private Rental Sector Tenancies Have Doubled In 30 Years

2015 Private Rental Sector Tenancies Are More Than Double 1985 Figures A UK think tank claims that the number of tenants renting private rental sector properties has more than doubled since 1985. According to research conducted by ResPublica, 22% of all UK properties are in the UK private rental sector (PRS), more than double the […]

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A Third Of Tenants Will Never Own Property

  Good news for private sector landlords as business will continue to boom!   The post war “must be a homeowner” mentality of our parents has been replaced with the more modern paradigm of our neighbours on the Continent, “rent for life” Whilst our forebears wanted to own property for a sense of security and […]

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Will Migrants Make UK Housing Shortage Worse?

Government ministers face an increasing amount of pressure to disclose their official estimate of how many immigrants will pour into Britain next year from Eastern Europe, after remarks were made on The BBC’s Sunday Politics Show. Communities and Local Government (DCLG) Secretary Eric Pickles conceded on TV that a wave of immigrants from Romania and […]

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Knowledge Is Power In UK Buy-To-Let

If you are considering becoming a Buy-To-Let landlord you should calculate the costs involved and do plenty of research before taking any financial risk. This is according to Sim Sekhon, spokesman for specialist landlord services provider, Legal 4 Landlords, who explained that many new landlords rush in without calculating mortgage repayments or repairs and maintenance […]

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Increasing Rental Prices Affecting Tenant Finances

A new study of the UK rental property market has shown that the cost of Private Rented Sector (PRS) rents are still increasing, following the third consecutive rise in rents being observed in June. Research by LSL Property Services showed that the average rent paid to landlords by tenants in the UK increased by 0.9% month-on-month […]

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1/3 of UK Landlords Will Not Be Accepting LHA Tenants

A new Government report has revealed a growing concern about UK landlords, as an increasing percentage are now refusing to accept applications from tenants claiming housing benefits. The situation regarding LHA tenants is set to get much worse, following the recent statements made by UK Prime Minister David Cameron and his party’s vision for further […]

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Charities Reckon Homelessness Is A Growing Threat

An extra 1.5 million 18 to 30-year-olds are expected to apply for private rented sector (PRS) properties over the next eight years. The influential Joseph Rowntree Foundation says that one risk is that pressures on private rental accommodation could force young families out of the sector and into homelessness. The foundation forecasts that around 310,000 […]

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Property Renting Set To Be Way Of Life For Young Families

A new report warns of steep increases in the number of parents unable to buy their own homes meaning millions of young families are entering an era of insecurity in which renting property becomes the norm. The Cambridge University study, commissioned by the independent Resolution Foundation and the housing and homeless charity Shelter, says that […]

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Long Term Property Rental Is The Future

Landlords Want Long Term Rental Tenants In the UK long term property renting has become more of a necessity for those who cannot afford to buy a home of their own. Millions of Britons have already resigned themselves to never owning their own home as they become more comfortable with the prospect of long term […]

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Debt Advice Could Save Landlords £50 Million

A new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]

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Has Choosing The Right Insurance Policy Been Too Much Hassle For UK Landlords?

It seems that with the ongoing economic turmoil gripping the majority of the western world, everyone is still tightening their belts in order to save precious pennies, including UK landlords. Landlords feeling the financial pinch have tried to cut as many of their costs and overheads as they can, in order to remain in profit […]

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