LETTING & ESTATE AGENT

We are pleased to announce that following the government’s guidance on moving home during the coronavirus pandemic, our branches in England have now re-opened for pre-booked appointments, and our branches in Scotland in Wales will start re-opening their doors over the coming days. Health and safety remains our main priority, and in line with government’s advice, a number of strict measures have been put in place to protect our staff and customers. Visit our branch page to find contact details for your local office.

Flat-Sharers On The Rise As Bugets Are Stretched

Flat-Sharers On The Rise As Bugets Are Stretched

Increasing rents are forcing more than a 100,000 people into the flat share market it has been revealed.

 

Latest research from easyroommate.co.uk found that the average number of renters living as flatmates or lodgers has increased to 2,851,000 from 2,749,000 a year ago as renters try to save money as rents continue to rise.

 

The current rate of growth will see the flat sharer market reach 3 million sharers by April 2013.

 

A poll of 1,057 current sharers conducted by Easyroommate found that, over three quarters of sharers (82%) aimed to own their own home in the future. However, financial issues remain the main reason for the delay in them doing so. Over two-thirds (70%) of respondents either said they didn’t earn enough money for a big enough mortgage, or that they didn’t have a big enough deposit. As a result, just 27% of renters believe they will be in a position to buy a home in the next 3 years.

 

To discuss your investment property and the private rental sector, call Martin and Co Southampton West on 02380 988881.