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 Lodger boom helping to bill the bills

Almost a million Brits are letting out a spare room this year, twice the number who did in 2011, according to new research from LV= home insurance.
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 Buying is cheaper than renting

The cost of buying a home in the UK is now almost a fifth lower than the cost of renting, according to research by Halifax.
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 Almost 1 in 4 ‘ripped off’ by letting agents

Almost one in four people have been charged unfair fees by a letting agent, Shelter has revealed.
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 Shapps: £1.3m to hand power back to tenants

The Housing Minister has unveiled a new fund of £1.3m to help give more power to communities over their social homes.
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New research from Uswitch.com, the independent price comparison and switching service, shows that people who are renting privately are being left behind in the race to cut household energy bills.

Figures from specialist letting agents’ insurer Endsleigh show that the average monthly rent across the UK in 2011 rose for the third year running to £706 – compared with £688 in 2010 and £663 in 2009.

A recent survey by specialist buy-to-let lender, Paragon Mortgages, has revealed that three quarters of landlords (76%) who let to students think that demand for property is either good or excellent.

Housing Minister Keith Brown has confirmed that a compulsory scheme to safeguard rent deposits for households in Scotland has come into force.


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