The typical homeowner is paying £2,829 more on their mortgage each year than they were in 2022 thanks to rocketing interest rates.
Read MoreBriton’s average annual mortgage bill soars £2,800 in just two years due to rocketing rates
Tag: Tenants
First-time buyer mortgage costs are ‘20 per cent lower than rents’ with a £50,000 deposit
First-time buyer mortgage payments could be around a fifth lower than average rents if buyers have a 20 per cent deposit saved
Read MoreBuying cheaper than renting despite tough mortgage stress tests
Zoopla says first-time buyer mortgage payments (an average £1,038 per month) are 20% lower than average rents (£1,248 per month) across Britain.
Read MoreLandlords left exposed to tenant debt problems, claims deposit firm
Landlords are being left more exposed than ever to accumulating debt in the event of arrears after the average amount significantly jumped to £2,597 in Q4 24 – a dramatic rise of 44% from £1,802 in 12 months.
Read MoreWhy the victimisation of landlords shames everyone
Reading the news on Property118 about tenants getting a new platform to make complaints made my heart sink.
The PRS is undergoing a seismic shift, and landlords are increasingly being cast as the villains in a narrative that seems to ignore our rights and struggles.
Read More‘Rogue landlord’ fined after 18 people found to be living in 3-bed house
A landlord has been ordered to pay £37,000 in fines and costs after Barnet Council inspectors found 18 tenants including children and infants, sharing a semi-detached house in Edgware.
Read MoreNo-fault evictions hit eight year high – and they could escalate
Section 21 evictions hit their highest level last year since 2016, and it’s expected numbers will increase again this year.
Read MoreTenants moving five times in five years due to landlord exits
Almost a fifth (19%) of tenants have been forced to move five times in less than five years due to landlords exiting the market, according to new research from Cornerstone Tax.
Read MoreCouncil urges landlords to register HMOs before it’s too late
A council is urging agents and landlords to register properties which may fall under the mandatory Houses of Multiple Occupation licensing requirements, or risk facing fines of up to £30,000.
Read MoreExploring the Buzz Around HMO Housing
Houses in Multiple Occupation (HMOs) have been a cornerstone of the UK rental market, offering affordable housing options for tenants and profitable investment opportunities for landlords.
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