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.... When we met again, five years later, he was happy to talk to me, not because these problems had disappeared, but because he was proud of the council’s private rented sector licensing regime. Introduced in 2013, it was the first such scheme in the country and had led to 800 prosecutions and 28 landlords being banned from renting property to tenants. ... [Read full article on Guardian ]
Thursday 25th of May 2017 04:30:19 AM
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.... While students are demanding more luxurious rooms, developers and their designers said it was the standard and range of communal spaces that were most important for attracting the highest-paying students. The Neighbourhood, a new development in Cardiff, offers a 24-hour concierge service offering to help its student tenants with “anything you need – from calling a late-night taxi or locating Cardiff’s best burgers, to advice on tomorrow morning’s presentation or just to chat if you’re feeling homesick”. ... [Read full article on Guardian ]
Friday 26th of May 2017 05:08:32 PM
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. Matt Canavan has attempted to revive a plan to give a $320m royalty concession to the Adani Carmichael mine, arguing it would be akin to a “rent free” period when a tenant moved into a new commercial building. ... [Read full article on Guardian ]
Monday 22nd of May 2017 11:31:04 PM
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Latest Finance News related to Tenant

Student housing tempts wealthy investors image
Source : Guardian [Read Article] Friday 26th of May 2017 05:08:32 PM
.... While students are demanding more luxurious rooms, developers and their designers said it was the standard and range of communal spaces that were most important for attracting the highest-paying students. The Neighbourhood, a new development in Cardiff, offers a 24-hour concierge service offering to help its student tenants with “anything you need – from calling a late-night taxi or locating Cardiff’s best burgers, to advice on tomorrow morning’s presentation or just to chat if you’re feeling homesick”. ...
Adani royalty rate akin to 'rent free' period in Galilee Basin, Matt Canavan says image
. Matt Canavan has attempted to revive a plan to give a $320m royalty concession to the Adani Carmichael mine, arguing it would be akin to a “rent free” period when a tenant moved into a new commercial building. ...
RBS settlement has left business couple feeling 'gutted' image
Source : BBC [Read Article] Thursday 18th of May 2017 01:48:53 PM
....RBS has admitted some shortcomings in the level of service it provided and has set aside £400m to compensate affected small business owners . The Hockins ran London and Westcountry Estates, a commercial property business based in Plymouth, with hundreds of small business tenants across 27 business parks. ...
Score the best mortgage deals, plus the facts about the pensions triple lock image
....Taylor Wimpey compensation offer is PR con, claim victims of leasehold scandal. One in three tenants borrow money to pay rent, says Shelter. ...
Buy-to-let millionaire who bans 'coloured' people faces legal action image
Source : Guardian [Read Article] Wednesday 17th of May 2017 02:20:13 PM
. The equality watchdog has begun formal legal action against buy-to-let mogul Fergus Wilson after he told his letting agent to ban “coloured” tenants because they left curry smells in his properties. ...
London is still a global draw despite Brexit, says British Land image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:59:48 AM
....London is still a big draw for global banks and institutions despite the uncertainty created by Brexit, according to one of the UK’s biggest property companies. British Land said the process of leaving the EU was creating uncertainty, with tenants taking longer than usual to commit to office space, but there was still demand for good quality property in the capital. ...
House prices in UK shift to lower gear image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:33:40 AM
....". Separate figures from the ONS showed that rental prices paid by private tenants in Britain rose by 1. ...
We wouldn’t need price caps if the Tories hadn’t cut energy-saving schemes image
.... It promises interest-free loans, much like Scotland did earlier this month, for people to make their homes more efficient. The government has supported a loophole for landlords allowing them to sidestep regulations coming next year which would force them to reduce energy bills for their tenants. ...
General election 2017: Tory housing plan 'paid from existing budget' image
....4bn we earmarked for capital expenditure from the Autumn Statement last year. "It's not new money but the amount for each council will depend on the deals we strike with places like Manchester and Birmingham to get more social housing built in these areas of a high-enough quality that tenants eventually will be able to buy. ...
General election 2017: 'Robin Hood tax' on City pledged by Labour image
....Under the Tories' housing proposals, the government would offer English councils and housing associations funding to enable them to build more homes and make it easier for them to acquire land for development. Some of these homes would have to be social rented accommodation with a fixed term - after which they would be sold, with the tenant getting first refusal. ...
May to appeal to low-paid voters with new social housing pledge image
Source : Guardian [Read Article] Saturday 13th of May 2017 09:00:05 PM
....In an attempt by the prime minister to reach out to low-paid workers, she will announce a plan to offer funds, loans and new powers to councils and housing associations to help them build a new generation of social housing for renters. She will also pledge to give the new tenants the option to buy the property after 10 to 15 years. ...
Buy-to-let landlords suffering tax increases plan to raise rents  image
Source : Daily Express [Read Article] Saturday 13th of May 2017 05:27:00 PM
....Buy-to-let owners have been hit with a number of law changes over the past two years, which have forced rental investors to pay more money to HMRC. But it’s the economy and tenants that could end up paying the price. ...
Inside the new Battersea Power Station image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:00:41 AM
....Inside, the two turbine halls – one built in the 1930s with bronze doors, marble floors and staircases, the other a more austere 1950s construction – will eventually be lined with shops, restaurants, cafes and cinemas. The biggest tenant will be Apple, whose decision to locate its new European HQ in London was seen as a huge boost for the UK after the Brexit vote. ...
One in three tenants borrow money to pay rent, says Shelter image
Source : Guardian [Read Article] Friday 12th of May 2017 07:01:11 AM
....The survey by Shelter and YouGov, carried out in April, found that of the almost 1. 6 million private tenants falling into the low-earner category, one in three – around 511,000 – had borrowed money during the past year to keep on top of their rent. ...
Are UK house prices starting to fall? The Halifax thinks so image
Source : Guardian [Read Article] Monday 8th of May 2017 09:31:28 AM
.... Rents have fallen year on year in London for the first time since 2009 and are flat in much of the rest of the UK in fresh evidence of the post-Brexit vote slowdown in the property market. The UK’s biggest tenant referencing company, Homelet, said rents on new tenancies in London fell by 1. ...
London rents fall for first time since 2009 amid post-Brexit vote slowdown image
....Rents have fallen year on year in London for the first time since 2009 and are flat in much of the rest of the country in fresh evidence of the post-Brexit vote slowdown in the property market. The UK’s biggest tenant referencing company, Homelet, said rents on new tenancies in London fell by 1. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
.... Calum Brannan, founder of prop-tech management company No Agent, offers landlords a way to manage their own properties online for a fixed fee – £35 per month outside London and £45 inside the capital. There are no additional charges for finding tenants, referencing or credit checks and there’s a 24/7 call centre for both landlords and tenants. ...
Bristol housing charity tops list of UK’s most-prosecuted landlords image
.... Over the same period it received £321,000 in housing benefit. The landlord is one of 61 that have been convicted of multiple housing offences over the past two years, yet are still offering homes to tenants. ...
Bill O’Reilly accuser to meet Ofcom as Fox News scandal threatens Sky deal image
....”. On Monday, Bill Shine, the network’s co-president and a long-time lieutenant of the ousted chief executive Roger Ailes, left the company. ...
We're buying as tenants in common – but what if we split up? image
Source : Guardian [Read Article] Thursday 4th of May 2017 06:00:01 AM
.... I’m struggling to put my practical head on in the midst of the romantic adventure that is buying my first home with my partner. We’re going to own the house as tenants in common, which we’re both fine with, as we’re putting significantly different amounts into the deposit: I’m putting in 15% and he is contributing the remaining 85%. ...
Labour pledges 'tougher' standards for rented houses image
Source : BBC [Read Article] Monday 1st of May 2017 05:41:38 AM
....". Labour said its own analysis, based on the 2014 English Housing Survey, showed that tenants in England were spending £800m a month - or £9. ...
Our flat was perfect  – until planners let a restaurant open below image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... Two years is a long time when your home suddenly has an industrial kitchen beneath it. Our tenants stuck it out for as long as they could. ...
London rents fall sharply as monthly bill drops across UK image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
. Rents in London have fallen sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year ago, according to a major lettings agency. ...
Buy-to-let slump puts first-time buyers in the driver’s seat image
Source : Guardian [Read Article] Saturday 22nd of April 2017 05:59:06 AM
....Clarke adds: “Some are concerned about the expansion of buy-to-let, arguing that it reflects increasing affordability pressures for owner-occupiers. “But it is also true that the growth of buy-to-let has widened choice for tenants in the private rented sector and delivered higher standards of accommodation. ...
Did you lose your job when BHS went into administration? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:44:09 PM
.... It was the biggest high street failure since Woolworths went out of business in 2008. According to research by the Guardian, just 52 of BHS’s 164 stores have found new tenants or have deals on the table ahead of this week’s anniversary. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....A year after the collapse of the department store chain BHS, more than two-thirds of its former stores still lie empty, blighting the UK’s high streets and shopping centres. According to research by the Guardian, just 52 of BHS’s 164 stores have found new tenants or have deals on the table ahead of next week’s anniversary of the biggest high street failure since Woolworths went out of business in 2008. ...
Tenant charged £835 … to scribble a new name on a contract image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
....Winkworth should be grateful the work has been done for them. Instead, its local branch asked the new tenant to pay £835. ...
Estate agents struggling to find homes to sell, says report image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:01:10 PM
....”. While the number of homes for sale is at record lows, the number of tenants registering to rent a property is rising. ...
What is an ordinary working person? PM's grammar schools report has the answer | Larry Elliot image
.... Harold Wilson teased the blue-blooded Alec Douglas-Home about his inability to connect with ordinary working people ahead of the 1964 election. Margaret Thatcher cited her policy of allowing council tenants to buy their homes as evidence that the Conservatives, not Labour, represented ordinary working people. ...
Landlord tax changes come into effect TODAY: 'Renting will be more expensive', say critics image
.... The Council of Mortgage Lenders (CML) said the changes will put more pressure on landlords. RLA chairman, Alan Ward said: "Today’s tax increases contradict everything the Government has said about needing a larger rented sector to give tenants more choice and more affordable housing. ...
Court orders woman to pay £24,500 to private parking company image
....Vehicle Control Services (VCS) took the 28-year-old to court last year after she failed to pay £18,500 in private parking notices. She had been living at a flat with her stepfather, who was a tenant and had a garage at the property. ...
Mortgage tax relief cut doesn’t add up for buy-to-let landlords image
Source : Guardian [Read Article] Saturday 1st of April 2017 06:00:17 AM
. Today will see two of buy-to-let landlord Jamie Brewis’s tenants – a couple in their 60s – having to move out of the bungalow that has been their home for the past four or so years. ...
As tenants in common, could we specify that our children inherit our property? image
. Q My husband and I are considering severing our joint tenancy and becoming tenants in common. ...
Related to :
The Guardian view on house prices: the government lacks the political will to fix the broken market | Editorial image
.... Home ownership matters in Britain: yes, as oft remarked, it is a cultural aspiration; but one that is underpinned by rational financial interests. Home ownership provides a stability and financial security simply unavailable to those who rent, thanks to house price growth that benefits owners but drives up rents, and our very weak framework of tenants’ rights. ...
How one council is beating Britain's housing crisis image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
....But this is not a return to the era of 1950s and 1960s council building. What Sheffield Housing Company (SHC) is doing is partnering with contractors to build low-cost homes for first-time buyers and families alongside houses and flats to rent at affordable prices, and with tenants better protected. ...
Viagogo's shady reputation grows as it shuns critics image
Source : Guardian [Read Article] Friday 24th of March 2017 06:02:46 PM
....This multi-million dollar enterprise is technically based in Geneva, Switzerland, but also has a UK subsidiary called VGL Services with company’s address listed as Cannon Street in London’s financial district. When the Guardian visited this office last year, Viagogo’s presence was disguised, a false name listed on hoardings in the foyer displaying the building’s tenants. ...
Goldman Sachs to move hundreds of staff out of London due to Brexit image
Source : Guardian [Read Article] Tuesday 21st of March 2017 05:26:34 PM
....However, the bank is continuing to press on with building its new nine-storey London HQ, with the aim of moving in in 2019. The bank could take all the floors or subletto tenants. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....The screw will tighten in April, when higher rate tax relief on mortgage interest payments will begin being phased out. Steve Bolton, founder of Platinum Property Partners, warns that “punitive” tax changes may drive out landlords, but this will not necessarily help first-time buyers: “If it leads to a restricted supply of rental properties and higher rents, then it will be harder for tenants to save for a deposit. ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
.... Numbers are lower in this academic year, but the drop in the value of the pound is expected to encourage an increase next year, despite concerns about the UK’s withdrawal from the European Union. Heriberto Cuanalo, chief executive of the upmarket student accommodation developer Collegiate AC, said foreign students made up the vast majority of his tenants in the company’s portfolio of more than 8,000 beds from Edinburgh to Exeter, but British people were now also moving in. ...
Charlotte Hogg was right to resign, but the departure is cause for concern image
....In theory, the Treasury committee has only an advisory role when it comes to appointments to the Bank of England, but in this case the strongly worded condemnation of Hogg’s behaviour made her position untenable. That’s despite the fact that she was handpicked by Mark Carney in one of his first appointments after becoming governor in 2013 and was one of his most trusted lieutenants. ...
Rents fall for first time in six years image
Source : BBC [Read Article] Monday 13th of March 2017 09:20:45 AM
....Countrywide's research is at odds with the most recent figures from the Office for National Statistics (ONS). Its latest figures, for the year to January 2017, showed that rents for private tenants across the UK had risen by 2. ...
UK average annual rents fall for first time in six years image
Source : Guardian [Read Article] Monday 13th of March 2017 06:00:24 AM
.... Countrywide, which compiled the figures, said the buying frenzy ahead of the hike in stamp duty last year pushed up the supply of new homes for letting by 10%. Meanwhile tenant demand has been dropping, particularly in London, possibly related to Brexit. ...
Striver? Tory architect of austerity George Osborne banks £1m fortune image
....Osborne & Little. Osborne last year earned £44,647 in dividends from Osborne & Little, the wallpaper firm co-founded by his father, Sir Peter Osborne, through direct ownership of shares and as a life tenant of a family trust whose assets include shares in that company. ...
Landlord tax: How to beat new buy-to-let charges coming in NEXT month  image
Source : Daily Express [Read Article] Friday 10th of March 2017 04:44:00 PM
....The platforms allow investors can now put up money for mortgages and property loans in return for interest and the investments can also be placed in flexible ISAs. As well as generating top returns of around five per cent, this method also allows investors aren't faced with the prospect of difficult tenants or changes to property tax. ...
Benefit claimants 'missing out' on private rentals image
Source : BBC [Read Article] Thursday 9th of March 2017 12:52:36 AM
. Benefit claimants are increasingly missing out on finding places to rent, as landlords choose tenants who are better off, surveyors have said. ...
Rents are 'out of step' with incomes, housing body warns image
Source : Guardian [Read Article] Thursday 9th of March 2017 12:01:21 AM
. Vulnerable tenants are being pushed out of the housing market as cuts to benefits and rising costs mean rents are “increasingly out of step” with household incomes, a leading industry body has warned. ...
‘Our ability to save is non-existent’ – people respond to UK budget image
....Outside his business, he has invested in 21 buy-to-let properties, in and around his hometown of Upminster, Essex. His tenants pay £23,500 a month in rent and he is concerned he may have to use more of that income to maintain his properties as result of the hikes in national insurance contributions for the self-employed. ...
Scheme to combat rogue lettings agents under attack image
Source : BBC [Read Article] Monday 6th of March 2017 12:19:27 AM
. Landlords and tenants who have been defrauded by a rogue letting agent say a government-approved scheme set up to protect them is useless. ...
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....Andrews says this has knocked London property prices and the slowdown could ripple across the country. Platinum Property Partners founder Steve Bolton says the sector was hit hard by the stamp duty surcharge and cutting tax relief will wipe out even more profits: “Landlords will have to increase rents or leave the market, further restricting the supply of affordable property for tenants. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
What’s the point of building a million new homes if they’re not fit to live in? | John Harris image
....But in privately owned developments and new social housing, and the mixed-tenure places that combine the two, problems abound. Last month I spent two weeks reporting on the case of the Orchard Village estate on the Essex/east London border, and properties split between homeowners and tenants whose problems – with leaks and damp, and allegedly faulty fire protection and dangerous levels of methane – are mind-boggling. ...
#RentInOz: Australian renters share their horror stories image
Source : Guardian [Read Article] Thursday 16th of February 2017 01:59:30 AM
....A new study of Australia’s rental property market has prompted people to share their horror stories. The survey of more than 1,000 renters co-authored by the consumer group Choice concluded there was an “entrenched culture of fear” and a significant power imbalance between landlords and tenants. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
.... There are moving companies specialising in evictions, their crews working all day, every weekday. There are hundreds of data-mining companies that sell landlords tenant-screening reports listing past evictions and court filings. ...
UK rents expected to rise faster than house prices in next five years image
Source : Guardian [Read Article] Thursday 9th of February 2017 12:01:07 AM
....The Royal Institution of Chartered Surveyors has predicted that rents will increase by just over 25% in the coming years, while property values are set to grow by less than 20%. In the three months to January, tenant demand for rental properties continued to go up. ...
England's housing market is 'broken', government admits in white paper image
Source : Guardian [Read Article] Tuesday 7th of February 2017 01:32:18 PM
....”. Every local council will be forced to publish projections for local house building, developers will be forced to use-or-lose planning permission once granted, older people will be given incentives to move out of underused big homes, and tenants will be given extra protection. ...
If we’re going to tackle the evils of renting, at least do it properly | Penny Anderson image
. Last weekend saw the government announce “a better deal for tenants”. ...
Councils to be told to build thousands more new homes image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:01:22 AM
....”. Among Labour’s policies, Healey said, would be to build more affordable homes, and to offer a “charter” for tenants, with long-term leases and regular, pegged rent rises. ...
Housing association agrees to buy back homes on 'substandard' development image
.... People who had bought properties outright or through a shared-ownership scheme had been offered £1,000. The sum offered to some people who rented their homes, many of whom were former council tenants, was £100. ...
Made in London no more: will property speculation kill industry in the capital? image
....” The current system is too crude to retain and nurture medley. And often, when developers do attempt the holy grail of mixing industry with housing, the workspace ends up being too expensive to attract the tenants who need it. ...
New breed of members' club blurs lines between business and pleasure image
Source : Guardian [Read Article] Monday 6th of February 2017 07:20:20 AM
.... In Manchester, the new XYZ building will have stringent criteria about the kind of businesses operating in the building, with a “near-members” approach. Two floors will also be dedicated to a formal members’ club, which tenants receive preferential rates for. ...
Energy customers locked into a costly scheme who have no right to switch image
Source : Guardian [Read Article] Sunday 5th of February 2017 07:00:07 AM
....There are fears that these issues will make it difficult to sell on flats. David Goatman, head of energy and sustainability at estate agency Knight Frank, says it should be mandatory for information and clear costings to be given to tenants and purchasers. ...
Why has it taken British Gas a year to sort out my electricity account? image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:00:09 AM
....I have been waiting for more than a year to take over an electricity account with British Gas on a small commercial premises. Thirteen months after the previous tenant left, I am still without an electricity supply – and cannot rent it out until I have one. ...
Britain’s housing crisis could be solved – if only the government wanted to | Jonn Elledge image
....The drawback? Most of that land is occupied by homes already, in the form of existing council estates. Real world governments have shown themselves more than willing to redevelop those – but they’ve generally tried to do so on the cheap, maximising the number of private homes available at the expense of social homes, and repeatedly breaking promises to tenants. ...
Fighting food waste with an app… and a measuring spoon image
Source : Guardian [Read Article] Saturday 28th of January 2017 06:59:48 AM
....The Swadlincote trial has helped local people facing the hardship of going hungry in other ways, providing refrigerated storage for donated perishable food that might otherwise be thrown away. And the council’s housing department has launched a scheme for new council tenants – often single people with only basic cooking skills. ...
UK rental property demand falls to two-year low image
Source : Guardian [Read Article] Friday 27th of January 2017 03:41:12 PM
....Demand for privately-rented flats and houses has fallen to a two-year low, while the supply of properties to rent has risen in fresh evidence of a slowdown in the property market. The Association of Residential Letting Agents said there were just 26 prospective tenants registered per branch in December, down from 32 the month before and the lowest figure recorded since records began in January 2015. ...
Jobs lost and broken relationships: legacy of the Southern rail crisis image
Source : Guardian [Read Article] Saturday 21st of January 2017 09:09:30 PM
....A Southern spokesman said: “We are deeply sorry for the utterly unnecessary and unwarranted disruption these disputes are causing. The unions’ response has been utterly disproportionate, causing misery to 300,000 passengers a day across the south-east and untold damage to the regional economy, and we fully sympathise with both our passengers and our tenants’ plight. ...
Housing benefit claimants increasingly shut out of private rental market image
Source : Guardian [Read Article] Saturday 21st of January 2017 07:00:28 AM
....”. Between December 2015 and February 2016, members of Digs, a Hackney-based private renter information and campaign group, carried out a mystery shopper survey of 50 local estate agents to see how many letting agents had properties that would accept tenants claiming housing benefit. ...
Direct Line turns its back on homeowners trying to help refugees image
Source : Guardian [Read Article] Saturday 21st of January 2017 07:00:28 AM
.... We are in the fortunate position to have recently come into some money from a bequest, and decided we could help at least one family by buying a house for them. “It was on exchange of contracts that we tried to obtain buildings insurance, and were surprised this was either refused or charged at a higher rate if the tenants were refugees – and, perhaps more alarmingly, benefits claimants. ...
Goldman Sachs stalls plan to move jobs to UK amid Brexit uncertainty image
Source : Guardian [Read Article] Thursday 19th of January 2017 01:15:50 PM
....The bank is continuing to press on with building its new nine-storey London HQ behind the two buildings it currently occupies, with the aim of moving in in about 2019. The bank has the option to take all the floors or sublet it to tenants. ...
Foxtons shares slump after significant fall in London property sales image
Source : Guardian [Read Article] Wednesday 11th of January 2017 09:45:19 AM
.... “As the most recognised residential brand in London, we are uniquely positioned to manage through the market uncertainties and take advantage of any change in conditions,” he added. The company’s lettings business performed better than sales in the fourth quarter, with revenue unchanged at about £13m as the number of new tenants fell but existing tenants renewed their contracts. ...
Why we must make homes truly affordable for our key workers image
Source : Guardian [Read Article] Saturday 7th of January 2017 07:00:12 AM
....Dolphin Living, which is working in six inner London boroughs, bought the New Era housing estate in Hoxton, Hackney, a couple of years ago, and introduced a means-based rents system. Typically, New Era tenants pay £180 to £200 a week – less than half the current market rate in the area. ...
Government offers £7bn affordable homes fund to housing providers image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
....7bn of cash available between now and 2021 would help deliver at least 135,000 shared ownership homes, 10,000 rent-to-buy properties, and 8,000 homes for supported living and older people to rent. Under rent to buy, rents will be set at or below 80% of the local market rent for a set period in order to give tenants the opportunity to save for a deposit and then the option to buy their home. ...
Generation rent: official figures overstate UK home ownership - study image
Source : Guardian [Read Article] Tuesday 27th of December 2016 10:56:47 AM
....A study by the Resolution Foundation thinktank has shown that official figures have exaggerated home ownership, which has been in steady decline since 2002. The Office for National Statistics said the UK owner occupation rate rose sharply in the two decades after Margaret Thatcher’s government allowed council tenants the right to buy their homes at a discounted price. ...
UK's austerity welfare spending is closer to poorest nations of EU image
Source : Guardian [Read Article] Wednesday 21st of December 2016 05:54:50 PM
....Slovakia spent 52% of the EU average while Ireland managed 87%, bringing it close to Italy’s 98% per capita. The UK also spent more as a proportion of GDP than any other country on subsidising housing, illustrating the importance since the financial crash in 2008 for successive governments to subsidise tenants in private housing. ...
A third of Brits throw away Christmas turkey and sprouts image
Source : Guardian [Read Article] Tuesday 20th of December 2016 07:01:41 AM
.... The programme teaches families – many on benefits and low incomes – new cookery skills as well as practical help in cutting food waste. The “council tenant engagement scheme” will run until April and a total of 104 residents have so far been recruited. ...

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