The buyer of an average two bedroom home in England and Wales would need a £32,400 or 24% deposit to make the monthly costs of owning lower than renting despite the lowest interest rates on record, according to new research.Read full article: [Buying an average two bed house is cheaper than renting, new research finds]
Landlords and lettings agents in the UK that ignore tenant complaints about damp and mould, could lead to personal injury claims and even hefty fines of up to £5,000, it is claimed.Read full article: [Lettings agents and landlords warned about the cost of damp and mould in rental properties]
Residential rents in Dubai look set to increase in 2014 with new laws giving landlords the right to increase rents by up to 20% in some circumstances.Read full article: [New rental law sets out higher increases in Dubai]
Monthly rents have increased across the UK with the national year on year rise of 10% outperforming London which saw annual growth of 6% last month compared with a year ago, the latest index shows.
Asking residential property rents in the North East and Wales outperformed the rest of the country in November by 10.35% and 7.43% respectively when compared to the previous month.Read full article: [Rental asking prices in England and Wales up 1.08%]
The most common cause of a deposit disputes in the private rented property sector in the UK is cleaning, increasing from 46% in 2010 to 56% in 2013, according to new data from the Tenant Deposit Scheme (TDS).Read full article: [Cleaning emerges as the most common problem for landlord tenant deposit disputes]