Student Letting - A bright property sector in UK

The student letting in UK as a part of UK property market has undoubtedly outperformed every other property investments. With UK, being one of the most preferred destinations for higher studies, students, around the globe are considering to go there. This is made the student letting, one of the top performing sector.There are many reasons for the sector showing out performance. The biggest reason is the number of overseas students choosing UK as their destination for higher studies. Now, since these are students, with low budgets, they...

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The thriving rental market of UK

Latest report from Royal Institution of Chartered Surveyors (RICS), states a marked increase in the rental rates of residential property in UK from the onset of the year till month. The increased rental rate has been due to an increased demand over the supply.One of the effective reason for seeking rental houses is due to the struggling times the economy is challenging people to lead a different style. This had made renting a "way of life". It is for this reason we see the private rental sector growing wherein more household are seen renting...

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UK landlords not returning tenants’ deposits

According to the reports from the Shelter, a housing charity, complaints have been surging of private landlords deny repaying rental deposits of the tenants. Shelter, worrying about the trend measures 86% of such grievances from the UK tenants. The UK government have had come up with several schemes ensuring tenancy protection, despite; the tenants are unsecured about their stay/occupancy. In the face of that, shelter helpline is still getting calls on this issue.Under the rules of schemes established, it is...

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Families in London need, £ 3, 500 per month to afford a rented home

Families in London need, £ 3, 500 per month to afford a rented home A report analysis, Homes for London campaign, by Shelter, analyzed the cost of renting across the capital . The report showed that people in London needs to earn £3,500 per month, making it a total of £ 52,00 per annum to afford themselves rented property in UK. More important, that this amount is needed to afford a two bed house only.However, if you're eyeing to be a tenant in eight London boroughs including Hackney and Tower Hamlets, then they would need to earn more...

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London Landlords Letting Agent Services

Landlords Letting Agent Services With renting property having a renaissance in the UK, property investors have the opportunity to capitalise on this ever-growing lifestyle choice. By working with a well established, professional letting agent such as Entwistle Green, landlords can benefit from our nationwide coverage and expert knowledge. We are part of Countrywide,...

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Long term tenancy should be guaranteed to the tenants in Private Renting Sector

In our previous blog posts we have been already mentioning about the rush in the home renting sector, and how that is living on rent becoming a trend in UK. Having also known the problems that these private tenants face from their private landlords, the problem does really need a check.More people are going to opt for living in private rented sector over social housing in UK because social rents will be 80% of the local market rate. Since, the supply is low and the other options unviable, many in UK are finding house renting quite attractive,...

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How to regulate the Private renting Sector in UK

Today, renting a house has become the way of life in UK/London. Since the home buying in UK is expensive and even those who want to move up in the property ladder by purchasing a house in UK through, do so through mortgage finance or mortgage loan, later only to repent on the decision as they find themselves unable to repay the mortgage loan, seeing themselves fixed in a situation, they get burdened by the debt. The other reasons attributed are the consequences of the economic downturn in terms of lower salaries and higher rate of home...

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Scotland’s latest scheme to guard Landlords and Tenants

The Scottish government has come up with schemes related to the renting sector in Scotland, a scheme that is seen beneficial to both the landlords and tenants of Scotland. The government has given a license to SafeDeposits Scotland for running a tenancy deposit scheme in Scotland.  The recently operationalized scheme, basically meant for the landlords on receiving the tenant’s deposit to be transferred to an autonomous body like SafeDeposit, which will keep the deposit money safe of the tenant and will return at the time when the contract...

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UK’s torpid economy may flourish its rental market

Recent reports from Resolution Foundation and Shelter from Cambridge University notices serious implications that could been seen in the UK’s housing/property market given the economic indicators such as low economic growth, credit crunch, lower level of incomes, low levels of building houses. If these indicators are going to going to show the same tendencies, then this would mean that half the UK’s population would opt for a rented house by 2025. Despite the crunch being felt, even in the mortgage sector, still there are a few out there...

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Relocate using technology

Moving from one place to another is exciting as well a physically tiring. For people who are relocating have general sense of excitement as they are going to stay in a new home, surrounded by new neighbors, it is a new life, a new beginning for you. However, the process of moving is tiring, for you are expected to move heavy to fragile furniture, all with care. So, when you relocate your furniture and your belongings, it is obvious they are going to find themselves packed in hard, sealed containers/boxes. Now, if you have so many of the...

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Analyzing/Bifurcating UK’s housing market into homeowners, tenants and people leaving through mortgage

According to the latest data revealed from Department for Communities and Local Government (DCLG) shows marks the end of UK's property owning democracy.  The European economic downturn has changed the living landscape of Britons. Report further shows that the trend of owning a home has registered a sharp decline from 71% to 61%, which almost amounts to 14.8 million in 2005 to 14.5 million in2009 -2010.The particular reason for this decline can be attributed to the fact that buying a home in UK today has become only remained a dream...

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Most fragile items you need to take care of while relocating

When you're relocating, you surely even consider moving your belongings, which could range from big furniture to smallest of the crockeries. Whatever that is being moved, however important or unimportant it may be to you, breaking any of those belonging could prove to be a loss making deal for you.While many of you on relocating may choose to move their belongings either through a removal or a moving company or you can choose to do it just by yourself.  However, you do is of the least concern, but it has been said that removal companies...

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Housing association - a better option for tenants than private renting

Today, half of the UK generation prefers to stay on rent, since buying homes have become difficult, living on rent is the only way out. However, seeing a marked increase in this trend, landlords, especially the private rented sector's landlords have got a chance to exploit the desperate and vulnerable tenants by charging from them exorbitant rent. Research from the Joseph Rowntree Foundation predicts that 1.5 million between the ages of 15-30 opting to live in private rented houses by 2020.While the country faces a surge in the number of...

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UK’s short -term let market grows by 41%

According to the report by Easyroomate, a UK, flat sharing site, noticed the number of short- term lets in UK to have jumped up in April. Short -term lets accounted to 41% of the properties listed, leading to an increase of 2% in the last 6 months to over 6000 properties. This trend is seen to be occurring in the major cities of UK.  Majority of them taking place in: London – 21% Manchester- 3% Birmingham – 3% Bristol- 2% Leeds – 2% The report further gives information on people who availed short-term letting in UK. These groups...

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Private Residential Rents in UK tumbles

Report from the independent estate agency in UK, haart, noticed a fall in the average residential rent in UK up to 4.3% in May.  The report further states a marked fall at round £919 a month in May for residential properties in London, in the month of May. Also interesting fact was a fact that, outside London, saw an increase in rental rates by 0.7%. to £791 over the same period.  However, on the whole, the overall average rate of rent has have only been slowing since the beginning of 2012. The trend is seen as a sigh of relief...

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Student Letting - A bright property sector in UK

The student letting in UK as a part of UK property market has undoubtedly outperformed every other property investments.  With UK, being one of the most preferred destinations for higher studies, students, around the globe are considering to go there. This is made the student letting, one of the top performing sector.There are many reasons for the sector showing out performance.  The biggest reason is the number of overseas students choosing UK as their destination for higher studies. Now, since these are students, with low budgets,...

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