Tag: Zero Deposit
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Rental Crisis – Privately Rented Homes Dwindle
A new report suggests the supply of privately rented homes has slumped to its lowest point in ten years. This decline comes amid concerns that recent government budgets have overlooked urgent housing needs, focusing instead on measures aimed at bolstering the homebuying sector. Zero Deposit’s analysis of government data illustrates a troubling trend affecting England’s…
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Rents – East Midlands Braces for the Biggest Leap by 2030
According to property firm Zero Deposit, residents of the East Midlands are facing a daunting forecast: the cost of renting a home in the region is set to soar at an unprecedented rate. With predictions outpacing every other region in the UK, the climb in rents is a looming concern for many. By the end…
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Report Suggest Short Term Let Yields are Booming
An analysis of England’s 30 most popular holiday destinations has unveiled an a potential opportunity for property investors. This research, tapping into the 2021 Census data, not only delves into the sales premium of holiday homes but also sheds light on the rental income potential in these areas. Out of the myriad of properties across…
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Somerset is Top Spot for Landlords Finding Tenants
In the picturesque landscapes of Somerset, landlords are finding it remarkably easy to secure tenants, as revealed by recent research from Zero Deposit. Zero Deposit’s research assessed rental demand in each county by looking at the proportion of available rental properties that have already secured tenants. This method provides a comprehensive understanding of how quickly…
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Rent Affordability – Newcastle is Worst Area
The rental market in Newcastle has become increasingly challenging, especially when it comes to affordability. A recent study by Zero Deposit has shed light on the difficulties tenants face in finding affordable rental properties in the city. In Newcastle, the search for affordable rental properties is particularly tough. The average cost of renting in the…
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Low Supply of “Bills Included” Rental Properties
A recent study reveals a significant gap between what tenants want and what the rental market currently offers. The study conducted by Zero Deposit involved a survey of over 2,400 tenants. The findings were clear: a majority of 55% expressed a preference for rentals where utility bills are included in the rent. This preference is…
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Renters Reform Bill Will Stop Benefits Bans
One of the primary new amendments in the Renters Reform Bill is the prohibition of discriminatory letting practices. Landlords and letting agents will no longer be allowed to reject potential renters solely based on their family status, such as having children, or their financial situation, like being on benefits. This move aims to create a…
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Areas with the Heftiest Rental Deposits Across England and Wales
Finding a rental property that suits your needs is just part of the journey; the financial aspect, especially the initial deposit, often poses a significant hurdle for many tenants. A recent study reveals how this challenge is not uniform across England and Wales, with some postcodes demanding considerably heftier deposits than others. The Growing Cost…
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Bristol Rents Inflate by 41%
Based on a study carried out by Zero Deposit, a financial service firm, Bristol residents have experienced a drastic increase in rent prices since 2018. Today, they are paying a staggering 41% more compared to five years ago. The research focused on rent changes throughout England and discovered that the cost of renting in Bristol…
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Watchdog Investigates UK Rental Market
The Competition and Markets Authority (CMA), the UK’s competition watchdog, has expressed concerns about the housing market, stating that a “significant minority” of landlords and letting agents may not be complying with consumer protection rules. The CMA has highlighted several areas of concern, including onerous guarantees, discrimination against certain tenants, and fees charged to older…