renting

Third of landlords will sell if rent controls are introduced

15th August 2024 Consumer Lending | #renting

A third of private sector landlords would sell properties they let if rent controls were introduced, according to new research by consultancy Pegasus Insight, The research found that in the second quarter of the year 82 per cent of landlords in England and Wales reported strong demand for properties from tenants. Demand was strongest in…

Renting cheaper than owning a first home

28th March 2024 Consumer Lending | #renting

The monthly cost to first-time buyers of owning a home is now £1,231, -£27 lower than renting an equivalent property according to research by Halifax. The figures show that this is the smallest gap between home ownership and renting recorded since 2019. The analysis, based on the housing costs associated with a mortgage on a…

Eight in ten tenants feel trapped in the rental cycle

9th May 2023 Consumer Lending | #mortgages #renting

Eight in ten tenants feel ‘trapped’ in the rental cycle – as ONS figures show house prices for first time buyers have risen by an average of 18 per cent in the last two years, an increase of £39,680. A study of 2,000 adults who live in a rental property found 86 per cent dream…

Half of parents currently let their adult children live rent free

28th March 2023 Consumer Collections | #renting

New research from TopCashback has found that half of parents (52 per cent) who have children aged 18-30 living with them at home, currently let them live rent and board free. This is despite the fact that by having their adult children live with them, parents estimate it adds an extra £630 a year to…

Homeowners nearly £500 per year better off than renters

15th March 2023 Consumer Lending | #home ownership #renting

The monthly cost of owning a home for first-time buyers is now £971, £42 (4%) lower than the cost of renting the equivalent property, according to the latest Halifax Owning vs Renting Review. The analysis, which is based on housing costs for first-time buyers with a mortgage on a three-bed home compared to the average…

Private rental costs hit record highs

15th July 2022 Consumer Collections | #renting

Average private rents in Britain have hit record highs, jumping by more than 20% in some areas. Data from Rightmove shows that the average advertised rent outside London is 11.8% higher than a year ago, while in the capital it is up by 15.8%. Between April and June the average advertised asking rent outside London…

Millions of renters have no ‘safety net’ if they lose their income

16th February 2022 Consumer Collections | #renting

Millions of people renting homes have no insurance safety net in place, prompting fears that many would be unable to pay their bills if they were to fall critically ill, lose their job or the person they live with was to pass away according to new research by Scottish Widows. The research found that only 5%…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

25709

Login