{"id":59617,"date":"2017-07-03T12:01:03","date_gmt":"2017-07-03T05:01:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds\/"},"modified":"2017-07-03T12:10:20","modified_gmt":"2017-07-03T05:10:20","slug":"one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds\/","title":{"rendered":"One in seven private tenants pays more than half income in rent, study finds"},"content":{"rendered":"<p>&#013;<br \/>\nOnly 2% of homeowners spend similar a salary percentage on their mortgage, according to LGA researchOne in seven tenants privately renting from a landlord is paying more than half of their income in rent, compared with just 2% of homeowners who pay more than half their income on their mortgage, according to new research.The Local Government Association, which compiled the figures, said high rents were preventing young adults from saving up for a deposit for a home of their own. It said the average deposit now cost 71% of a first-time buyer\u2019s annual income.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/jul\/03\/one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds\" target=\"_blank\">One in seven private tenants pays more than half income in rent, study finds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Only 2% of homeowners spend similar a salary percentage on their mortgage, according to LGA&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-59617","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fvz","jetpack-related-posts":[{"id":15256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-in-england-spend-half-their-pay-on-rent\/","url_meta":{"origin":59617,"position":0},"title":"Tenants in England spend half their pay on rent","date":"July 16, 2015","format":false,"excerpt":"\r London tenants pay 72% of earnings on rent, according to latest figures from the English Housing SurveyRents in England are almost half of tenants\u2019 average take-home pay, according to an official report on the state of the country\u2019s housing.Figures in the latest English Housing Survey, based on research in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stuck-for-a-parking-space-why-not-rent-someones-empty-driveway\/","url_meta":{"origin":59617,"position":1},"title":"Stuck for a parking space? Why not rent someone&#039;s empty driveway","date":"May 31, 2009","format":false,"excerpt":"\r For homeowners with drive space to spare, it's easy money, reports Graham NorwoodHard-pressed homeowners have found a new way of earning an income from their properties - they rent out garages, or even driveways, to \"tenants\" wanting guaranteed parking spaces.Anthony Sallis, an insurance executive, rents out half of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-trap-keeping-englands-young-people-off-the-housing-ladder\/","url_meta":{"origin":59617,"position":2},"title":"&#039;Rent trap&#039; keeping England&#039;s young people off the housing ladder","date":"July 23, 2014","format":false,"excerpt":"\r Tenants pay more for the roof over their heads than buyers, according to the government's English Housing SurveyYoung people are being caught in a \"rent trap\", with housing costs taking up so much of their income that they are struggling to save enough to buy a home of their\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-have-so-few-rights-a-whole-street-can-be-evicted-at-once-thats-obscene-poppy-noor\/","url_meta":{"origin":59617,"position":3},"title":"Tenants have so few rights, a whole street can be evicted at once \u2013 that\u2019s obscene | Poppy Noor","date":"January 31, 2019","format":false,"excerpt":"\r Other countries ensure people who rent are secure in their homes. What can\u2019t we do the same?Imagine being a mother of five and finding yourself evicted from your home without reason, with two months to find a new place, a new deposit and to settle into a new home.Ellen\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-options-for-your-singapore-home-when-you-relocate-overseas\/","url_meta":{"origin":59617,"position":4},"title":"Three options for your Singapore home when you relocate overseas","date":"July 22, 2016","format":false,"excerpt":"\r Many homeowners relocating overseas often choose to rent their homes out. If you\u2019re relocating overseas, one of the biggest issues is what to do with your home when you are away. In this edition of the Guru View, we run through three likely scenarios, as well as the pros\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/07\/GV10301.png?fit=528%2C346&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":79644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-tenants-paid-record-50bn-in-rents-in-2017\/","url_meta":{"origin":59617,"position":5},"title":"UK tenants paid record \u00a350bn in rents in 2017","date":"February 12, 2018","format":false,"excerpt":"\r Rents double in a decade and could eclipse entire sum paid for mortgages by homeownersThe total amount of rent paid by tenants in Britain soared to more than \u00a350bn in 2017, more than double the level of a decade ago, and may soon eclipse the entire sum paid out\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59617"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=59617"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59617\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}