Research has shown that landlords in the UK are concerned about more Government regulations, although such guidelines may help to offer tenants peace of mind.
The survey by Paragon concluded 58% of landlords are worried about having to comply with new regulations despite many other challenges they may face in what may still be a difficult year for the buy-to-let market. Read more…
UK commercial property left an unexpected strong note by the end of 2009 with the record of its largest monthly increase in the index history.
According to CBRE (CB Richard Ellis) Monthly Index, commercial property in the UK revealed 3.9% total return in December - with 4% returns throughout the whole year of 2009. Read more…
Reports suggest that up to 1million households have borrowed money on credit cards in order to pay their mortgage or rent over the past year; meaning tenant defaults could soar.
A survey by the housing charity Shelter found that 6% of the 2,022 respondents had used a credit card to pay their mortgage or rent in the last 12months - suggesting a national figure of more than 1million people. This figure was even higher in London at 12%. Read more…
Under the recession, many Britons suggested they would avoid using heating to save money on bills for rent and mortgage payments; and some continued living with their former spouse due to financial difficulty.
Tenants and homeowners, under the economic pressure, are trying to spend less on their bills by turning down the heating. Tenants and homeowners are complaining that energy bills are too expensive. Read more…
Following the recent heavy snowfall, the United Kingdom is covered in inches of snow and surrounded by freezing cold air. It is important that homeowners take the advice of experts in order to protect their homes from extreme weather conditions.
Research has shown that nearly one in six home insurance claims were taken out for burst pipes due to severe weather conditions between 19th December 2009 to 4th January 2010. Read more…
A comparison website has predicted an increase in home insurance claims as a result of New Years Eve parties and the Christmas season.
The comparison website estimated a total cost of £1bn which was averaged out as £35 per household spent on repairing damage caused over Christmas and the New Year. Read more…
A recent report by Unbiased.co.uk found that an increasing number of UK homeowners are considering selling their residential home and moving into a rented property.
According to the research nearly 1.75 million homeowners in the UK would consider selling their house and renting especially after the recent crash in the property market and the recession. Read more…
