Posts with tag: UK tenants

One-third of UK renters feel they won’t ever own a property

Published On: September 6, 2017 at 8:40 am


Categories: Property News

Tags: ,,,

Almost one third of current UK renters believe that they will never be in a position to afford their own property, according to a new survey.

The research, carried out by Bilendi on behalf of GoCompare Mortgages, discovered that 31% of tenants in rented accommodation cannot imagine ever purchasing their own property.

Owning Property

With property prices continuing to rise in many parts of the UK, raising a deposit is often seen as the largest barrier to getting on the housing ladder.

Questioning 2,000 renters, the survey found that 21% of tenants feel that the removal of mortgage interest tax relief on buy-to-let properties will cut the supply of rental property in their region.

One-third of UK renters feel they won't ever own a property

One-third of UK renters feel they won’t ever own a property

In addition, other tenants expressed concerns over possible rent increases, as buy-to-let landlords pass on higher costs. 6% noted that their landlord had already or is planning to increase rents as a direct consequence of tax changes.

Matt Sanders of GoCompare Mortgages, observed: ‘Our research reveals that half of all tenants are in rental accommodation because they can’t afford to buy their own home. It now looks like many have given up all hope of ever owning a home and, for some, the changes to buy-to-let regulations are likely to make renting more expensive. In turn, that makes saving for a mortgage even harder.’

‘April saw profound changes to the taxation of buy-to-let properties which will reduce landlords’ profits and our survey suggests that there is a real concern among tenants that to protect their profits, over time some landlords will increase rents while others may sell-up – reducing the stock of available private rented homes,’ he added.[1]





What Can You Rent for £700 a Month Around the UK?

Published On: August 2, 2015 at 4:45 pm


Categories: Landlord News

Tags: ,,,,

If you have £700 a month for your rent, there are many different options around the country for you. But beware, as prices differ greatly across the UK, some places have more on offer than others.

We have a look at the rental properties available at this price and what they offer:


Studio flat – £695

Location – Uxbridge

  • 5 miles from zone 6 tube station.
  • Private entrance to open plan kitchen and bedroom.
  • Open to single professionals and couples.
  • Bills included.

Attic room – £650

Location – Peckham

  • House share with three people.
  • 1-mile walk to zone 2 tube station.
  • Bills included.
  • The bed is within a cupboard.



One-bedroom flat – £675

Location – City centre

  • 25 miles from city centre and Harbourside bars and restaurants.
  • Furnished living room and bedroom.
  • Communal laundry room.

House share – £340

Location – St Andrews

  • Three other housemates.
  • Bathroom plus extra toilet.
  • Close to Montpelier train station.



Two-bedroom flat – £675

Location – Cardiff Bay

  • Two double bedrooms with fitted wardrobes and one en suite.
  • Fully furnished.
  • Integrated kitchen appliances including dishwasher.
  • 2 miles from Cardiff Bay train station and 0.6 miles from Cardiff Central station.
  • Secure parking.


House share – £350

Location – C11

  • Sharing with four housemates.
  • Double bedroom with walk-in wardrobe and memory foam mattress.
  • Walking distance from city centre and Cardiff Bay.
  • Bills included.



Two-bedroom flat – £700

Location – Edgbaston

  • Exclusive development with private gardens.
  • Two double bedrooms.
  • Bathroom plus extra toilet.
  • Short distance from city centre and Edgbaston’s cricket ground.
  • Off-road parking.
  • Utility room with washing machine.


One-bedroom flat – £455

Location – Northfield

  • Spacious double-bedroom and living room.
  • Separate hallway.
  • Fitted kitchen with washer-dryer.
  • 6 miles from Northfield train station (18 minutes to city centre).



Three-bedroom house – £700

Location – Aigburth

  • Two double bedrooms and one single bedroom.
  • Feature fireplace and bay window in living room.
  • High ceilings.
  • Integrated kitchen appliances.
  • Enclosed back yard.
  • 3 miles to city centre.


Two-bedroom flat – £415

Location – City centre

  • Sharing with one other person.
  • Main bedroom has en suite.
  • Spacious kitchen with appliances.


One-bedroom apartment – £700

Location – Salford Quays

  • 14th floor flat in the MediaCityUK development, home to BBC and ITV.
  • Fully furnished.
  • Private balcony.
  • 2 miles from Broadway tram stop.


One-bedroom flat – £550

Location – Chorlton

  • Spacious double bedroom.
  • Fitted kitchen with appliances.
  • Short walk to shops and cafes on Beech Street.
  • Short walk to large park.
  • 6 miles from Chorlton train station and 0.7 miles from Stretford tram stop.



Three-bedroom house – £675

Location – Bramley

  • Two double bedrooms and one single bedroom.
  • Extra downstairs toilet.
  • 8 miles from Headingley train station.
  • Close to popular food market in the grounds of Kirkstall Abbey.


House share – £350

Location – Headingley

  • Sharing with three housemates.
  • Room has its own TV and Virgin TiVo box.
  • Room has a sofa and house has a living room with TV and Sky package.



One-bedroom apartment – £675

Location – City Road

  • Brand new flat in riverside High Quay development.
  • Walking distance from city centre.
  • Double bedroom.
  • Secure gated parking.
  • 5 miles from Manors Metro station.


Two-bedroom flat – £425

Location – Fenham

  • Two double bedrooms.
  • Separate living room.
  • Shared garden.


One-bedroom flat – £650

Location – Broomhill, West End

  • Large rooms.
  • Period fireplace.
  • Appliances in kitchen.
  • Short distance from bars and restaurants on Byres Road and Ashton Lane.
  • 3 miles from Hyndland train station.


One-bedroom flat – £550

Location – Shawlands

  • Double bedroom.
  • Top floor flat.
  • Short walk to Queens Park.
  • High ceilings and bay window.
  • 3 miles from Crossmyloof train station.



One-bedroom flat – £695

Location – New Millbay Pier

  • Double bedroom.
  • Bright, spacious rooms with large kitchen.
  • Private roof terrace.
  • Part-furnished.
  • Short walk to West Hoe Park.
  • 1 miles from Plymouth train station.

One-bedroom flat – £450

Location – Central Plymouth

  • Double bedroom.
  • Brand new shower room and kitchen.
  • Part-furnished.
  • Basement flat.
  • 1 mile to Plymouth train station.