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General

Halifax: House prices rise by 7.3%

By Rent Guarantor on 23/10/2020

Halifax’s house price index has found that the average house price now stands at £249, 870, a 7.3% rise on last year, and the strongest growth since June 2016. Across the last three months, Britain’s biggest mortgage lender approved more mortgage applications from both first time buyers and homemovers than anytime since 2008. 

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Student Thinking
Student

Student accommodation: What are my rights?

By Rent Guarantor on 22/10/2020

Approximately 40 universities have reported coronavirus cases and as a result many face-to-face classes have been suspended. As the academic year begins, thousands of students are in self-isolation. The National Union of Students have revealed that 1 in 3 students would like to be released early from their rental obligations whilst fewer than a tenth have been provided with this opportunity. Why? 

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House Fire
Tenant

UK's Rental Industry Under Fire

By Rent Guarantor on 20/10/2020

As the UK's private rental sector (PRS) landlords work hard to support their tenants during the coronavirus pandemic, the industry has come under fire for the quality of housing on offer and a lack of future planning. Two separate reports from Shelter and the Institute of Housing (IOH) each criticise the provision of rental homes now and in the future, with accusations levelled mainly at the government.

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Energy House
General

Proposed PRS Energy Efficiency Targets Unrealistic

By Rent Guarantor on 16/10/2020

The Government has published its outline for improving energy efficiency in the UK's stock of private rental sector (PRS) homes as part of a commitment to improve the energy performance certificate (EPC) rating to Band C by 2030. However, the expectations for new rental properties to have a Band C EPC by 2025 and all properties to have the same by 2028 - excluding exemptions - has been described as unachievable by ARLA Propertymark.

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Living Room
Tenant

Renting: Furnished vs. Unfurnished

By Rent Guarantor on 11/10/2020

When searching for a property many factors and extra amenities may be attractive to different tenants depending on their budget and circumstances. In this instance we will be discussing renting a furnished property vs an unfurnished property.

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General

UK Rents to Slip This Year and Next

By Rent Guarantor on 06/10/2020

New research suggests that despite an increase in activity following the spring lockdown, the UK’s rental market hasn't recovered as well as the sales market. As such, expectations are that average rents will decline by 1% in both 2020 and 2021. However, while that might be a disappointing outlook for some, separate data shows that many first-time buyers (FTBs) are now planning to remain in rental accommodation for longer amid coronavirus-related uncertainty, which is a positive for the lettings industry.

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