Global real estate firm, Savills, recently carried out research on proportions of people owning and renting across different countries around the developed world. Savills discovered that Switzerland was the only country where more people rent their homes than purchase, with 60% of people renting, closely followed by Germany where almost 50% rent homes. Certain factors …
Read more >Renting appears to be a new trend amongst pensioners. The past decade has seen an increased number of retired people in the private rented sector across the UK, where around one in every 12 tenants is a retiree – a new study by letting agency, Countrywide, has revealed. Pensioners now account for 8% of all …
Read more >Places For People (PfP) are believed to be the first Housing Association to register as a fund manager and has just launched PfP Capital with the aim of raising long term capital for direct investment in housing. The registration with the Financial Code of Authority (FCA) was completed just prior to Christmas and the new …
Read more >Despite all the uncertainty surrounding the UK’s withdrawal from the European Union, the Scottish Private Rented Sector remains resilient and is an attractive destination for large scale investors. Indeed, Scotland’s biggest ever Build To Rent deal worth £215m has been secured and will bring hundreds of new homes in the capital. New Build To Rent …
Read more >Tuesday 7th February saw the housing white paper being published. Letting agents and landlords were encouraged to hear Gavin Barwell stating that the government had “changed its tone” towards people renting homes rather than buying. There was a clear sign that the government acknowledges that an increased focus is required on the Private Rented Sector …
Read more >An increasing number of people are falling into the role of landlord after deciding to rent their own property, rather than sell, when moving on. An understandable financial move, however it brings responsibility and duties that many may be unaware of or unsure about. Private Housing (Tenancies) (Scotland) Bill Legislation has changed considerably over the …
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