Rental Application
Landlord

Landlords shift from short-lets as Coronavirus takes hold

In a sudden shift from recent developments, there is evidence that landlords are shunning often more profitable short lets, in favour of longer-term tenancies. As the Coronavirus spread gathers pace and the Government announces wide-ranging measures of support across multiple industries, it appears the UK's residential lettings sector is also rallying around those in need, to do their part to ensure there are enough long-term rental homes available for those who need them.

 

R
Rent Guarantor Mar 30, 2020
Calculator
General

Over 1 million tenants rely on overdrafts to pay rent

Around 13% of tenants in the UK, which is equivalent to around 1.2 million people, use their banking overdraft facilities to pay their rent each month. While the way individuals make use of their overdrafts is personal and specific to them, with new rules about overdraft charging being put in place, this could end up being an expensive way for tenants to pay their rent.

R
Rent Guarantor Mar 17, 2020