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- London councils admit to shipping families miles away
- City rents to go on rising for years to come, says housing guru
- Rents setting new records in central London
- Direct payment deal IS bringing rents down, insists minister
- Buy-to-let lending on long road to recovery
- Watch that logo, ARLA warns would-be tenants
- More younger people on housing benefit in private sector
- 1 in 5 UK workers paid less than Living Wage
- Gloomy outlook for UK manufacturers
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News Archive
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London councils admit to shipping families miles away
London councils will be forced to ship thousands of families out of the capital – some as far away as Wales – after next April’s benefits cuts mean they are priced out of the private rental market. A report by the Child Poverty Action Group and Lasa, a welfare rights charity, predicts that 124,480 London [...] -
City rents to go on rising for years to come, says housing guru
London rents are predicted to rise significantly over the next ten years as the supply of housing in the capital fails to meet the needs of people working in the city. The forecast is in a new independent research paper ‘Renting in London: the coming boom’, written by Professor Michael Ball and commissioned by Cluttons. [...] -
Rents setting new records in central London
Rents in prime central viagra no prescription online London have risen by 12% in the last year, say agents EA Shaw. The firm says central London residential rents rose 3% during the third quarter. The firm points to a record rent of £64 per sq ft for a 357 sq ft flat in Floral [...] -
Direct payment deal IS bringing rents down, insists minister
Landlords of benefits tenants have dropped their rents in return for getting rental payments direct, a minister has claimed. Lord Freud, the welfare reform minister, said that the scheme – a temporary one – had proved a success. The government temporarily extended the discretion of local authorities to make direct payments to landlords last April [...] -
Buy-to-let lending on long road to recovery
The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2bn, an increase of 8% over the £3.9bn advanced in the preceding three months. According to data from the Council of Mortgage Lenders, the number of BTL loans in the three months to the end of September totalled 34,400, 2% more [...] -
Watch that logo, ARLA warns would-be tenants
The Association of Residential Letting Agents has issued new warnings to would-be tenants to be on the alert for rogue letting agents – and to beware of logos which could be fake or mean very little as to the agent’s professional credentials. Ian Potter, managing director of ARLA, said: “Unfortunately, there are many horror stories of [...] -
More younger people on housing benefit in private sector
More than 1.6m people who are on housing benefit live in the private rented sector. The statistic emerged in the answer to a question asked by Labour MP Ian Mearns of the buy cheap cialis Department for Work and Pensions. The exact figure is 1,645,730. That compares with 3,382,870 for the number of people on [...] -
1 in 5 UK workers paid less than Living Wage
One in five workers in the UK – some 4.82 million people – are paid less than the "Living Wage", research from accountancy firm KPMG shows. In a difficult climate of rising prices and increasing costs of living, the impact is falling hardest on these low paid workers with over four in ten saying that [...] -
Gloomy outlook for UK manufacturers
The UK manufacturing sector was estimated to have contracted for the sixth consecutive month in disappointing figures from the Markit/Chartered Institute of Purchasing and Supply Purchasing Managers' Index (PMI). The PMI showed a reading of 47.5 in October, where the 50.0 mark points to contraction in the sector. October's reading was down from 48.1 the [...] -
Financial crisis could put retirement plans at risk
Most over 60s (74%) have made exciting plans for their retirement, from extended overseas holidays (26%), to home refurbishments (20%) and exploring new hobbies (16%), according to research from Age UK Enterprises, the commercial services arm of the charity Age UK. But that optimism is countered by a lack of confidence in how far their [...]