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Over 1 million tenants rely on overdrafts to pay rent

Around 13% of tenants in the UK, which is equivalent to around 1.2 million people, use their banking overdraft facilities to pay their rent each month. While the way individuals make use of their overdrafts is personal and specific to them, with new rules about overdraft charging being put in place, this could end up being an expensive way for tenants to pay their rent.

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Rent Guarantor Mar 17, 2020
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Landlord

Where are the next BTL investor hotspots?

As a property investor and Buy-to-Let (BTL) landlord, its often difficult to know where the next potential hotspot for your next investment is. Luckily, there's some new research identifying areas where investors are likely to make their next purchase and it looks as though the midlands and north of England are looking pretty popular. Meanwhile, investments are still likely in London and the south, but at a slower rate than the more affordable northern regions.

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Rent Guarantor Mar 11, 2020
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Tenant

Rental deposit rise dwarfed by other costs

While its common to read and hear about how expensive renting is in the UK and that its set to get more expensive in the future, it's less usual to hear that rental costs rises aren't as high as they could be. However, recent research has highlighted that even though rental costs have risen, the increase in rental deposits is much lower than price rises of other costs faced by many Britons.

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Rent Guarantor Mar 09, 2020
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Landlord

UK's tax system encourages short-term lets over long-term

The current tax system is beginning to prove more supportive of investors of short-term lets rather than long-term lets, according to property body the Residential Landlords Association (RLA). Recent analysis by The Guardian also highlights that in some areas of England, some 25% of property listings are for short-term lets, suggesting even fewer homes could soon be available for long-term tenants.

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Rent Guarantor Mar 04, 2020