Renting news
Latest Renting news
UK property landlords urged to check references
There are many checks that landlords will take out when letting their property to a new tenant, but one expert has said that many are still missing out on one of the most important; checking references. Total Landlord Insurance has discovered that many still see it as an optional part of the process, with basic checks being the most common reference method, despite this ...
9th Nov 2012
Unexpected costs hit UK property landlords
British landlords in the properties to rent market are seeing their profits hit every year by costs that are unexpected such as maintenance, long-term rental arrears and the space between a tenancy ending and a new one starting. According to research from Northwood, this has meant that they pay out a collective £2.1 billion every year, with the average landlord ...
9th Nov 2012
Renting news archive
UK landlords see their properties as pension funds
The vast majority of landlords operating in the private rental sector of the UK property market see the houses they own as a way of funding their retirement, either through selling them or continuing to rent them out to tenants. According to a new report published by BDRC Continental, 61 per cent plan to live off the rental income they can achieve from their houses. ...
9th Nov 2012
UK property landlords facing weird requests
Landlords renting out their homes to tenants may often find that they have to deal with strange requests, but one letting agent has revealed its list of the strangest questions ever posed by those living in its properties. Oxfordshire's Finders Keepers said that it has had to deal with some truly eye opening requests throughout its years in business, ranging from the ...
7th Nov 2012
Rental prices could rise again from 2015
In recent months, people living in the private rental sector of the UK property market have been seeing prices heading upwards thanks to landlords capitalising on demand, leaving monthly expenditure at £741. However, according to a newly released report from the National Housing Federation, this could be a situation which gets increasingly difficult for tenants ...
22nd Oct 2012
Rental prices hit new high in UK property in September
The cost of living in properties to rent across the UK has risen again to hit another record high in September, according to the latest report released by LSL Property Services. The organisation said that it now costs tenants an average of £741 per month to live in the private-rented sector, with prices having jumped by 1.1 per cent in September alone. With the ...
19th Oct 2012
Charity warns of private rental sector debt risk
A leading financial charity has warned that there could be a future of spiralling debt in the private rental sector as prices continue to reach record highs. The Money Advice Trust has said that the National Debtline has seen a 99 per cent increase in the number of people getting into debt in this area of the UK property market since financial worries began in 2007 for ...
18th Oct 2012
Cash-strapped Brits increasingly turning to lodger income
A greater number of people across the UK are soon going to be turning to a new avenue to make money, after it was revealed that making use of lodgers can be a great way to bring in money. With the cost of mortgages remaining high, and the fact that the average owners of properties for sale are seeing their real wage increases remaining flat, many are looking for additional ...
15th Oct 2012
Shelter reports increase in complaints over rental homes owners
A new report has found that there has been an increase in recent years in the number of complaints that those in properties to rent are making about their landlords. Shelter said that there has been a 27 per cent rise in the number of people who are not happy with the conduct of their property's owner. This has meant that in the last 12 months alone, there have been ...
10th Oct 2012
UK property tenants should talk to landlords over rental arrears
Tenants who are having issues with the cost of their rent should make sure that they take the opportunity to talk to their landlords to sort out their issues and make arrangements. According to one expert, UK property landlords are trying to be empathetic with their tenants wherever they can, to make sure that they can hold on to a customer and not have periods where their ...
8th Oct 2012