Category: Rental Community News

Bank of Mum and Dad Paying £1bn of Rental Costs

Bank of Mum and Dad, known for helping young people to get on the property ladder, is a major player in the UK housing market. According to research carried out by insurer Legal & General, parents will be involved in 25% of all mortgage transactions in 2016, helping 305,900 of their grown-up children. The UK …

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Scottish Landlords & Tenants Favour Remain

Whatever the result of the EU referendum today, it is clear that both Scottish Landlords and Tenants appear to favour Remain. A Survey of 1000 Scottish tenants conducted by Citylets showed that 39% of those who currently rent, but want to own their own home, saw staying in the EU as better for home ownership …

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More Renters set to vote Yes than No

We recently ran a basic poll on the Scottish Referendum with 500 tenants in Scotland’s main cities and it was interesting to see a strong link between voting choice and perceived prospects for home ownership. Around 2/3 of those voting Yes believe their prospects of home ownership would be better in an Independent Scotland and …

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