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Low cost rental property programme launched in the UK

A new pioneering £400 million programme has been launched in the UK to boost the building of new affordable rental property available at below market rates.

Current schemes like Help to Buy have boosted house building and allowed 53,000 households buy a home with a fraction of the deposit they would normally require and now the government wants to do the…

Private rents ‘hit record high’

Some 8% of rents were paid late or not at all in August, which is the highest level of people struggling with their budgets seen since last Christmas.
The findings have sparked fresh fears for the ability of “generation rent” to find affordable homes.
On a month-on-month basis, rents have jumped by 1.1% compared with July, according to the report, which is…

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