There has been a notable increase in the number of tenants being asked to provide a guarantor to secure a rental property, new research has revealed, as lack of supply and inflationary pressures push up average rental prices and landlords seek out additional assurances from tenants. Goodlord analysed more than 220,000 tenancies taken out between January 2020 and June 2023. Its...
We've decided against posting Christmas cards again this year, instead we will be supporting 'Crisis at Christmas'!This amazing charity helps the homeless. Our donation will help someone take their first steps out of homelessness.Wishing all our family, friends and clients a very Merry Christmas and a prosperous New Year.
Interest rates have been increased to 4.25% from 4% by the UK’s central bank in an attempt to get inflation under control. The Bank of England’s decision to lift rates for the 11th time in a row comes after figures showed the cost of living rising by more than expected. Inflation jumped to 10.4% in the year to February, despite predictions it would fall. The rate...
Average UK house prices decreased 0.6% in the 12 months to January, to £282,000, representing an easing in the pace of decline, fresh data from the Office for National Statistics (ONS) showed yesterday. Meanwhile, private rents rose at their fastest annual pace last month since comparable records began in 2015, the figures revealed. The ONS reported a leap of 9% ov...