Property News · January 6, 2018

After good news for generation rent, comes the bad … you’ll have to wait a year


Raising enough money for a deposit plus letting fees can be a real challenge, especially for young peopleWith so much focus on the costs of getting on to the first rung of the property ladder, the challenges facing those simply trying to get into the renting market are often overlooked. However, for young people unable to call on family or friends to front up the significant costs of moving into a rented property, the options are limited.For those straight out of education, it can be the biggest financial outlay they have had to face. A deposit of up to two months’ rent, plus letting fees, plus the first month’s rent, can add up to thousands of pounds. Continue reading…

Source : theguardian.com
Read more…After good news for generation rent, comes the bad … you’ll have to wait a year

You may also like...