Thursday, 26 July 2012

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...

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...

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...

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...

Wednesday, 18 July 2012

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,...

Thursday, 5 July 2012

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,...

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...