Renters are being priced out of house and home by
deposits that have soared by 50% since the financial crisis began, new data
have shown. Figures from the government-backed Deposit Protections Service have
revealed that the average deposit for a rented property in the North East of
England has jumped from £600 to £900 since 2007, while wages have climbed by
only 13%. And the steep hike means that 49% of renters in the
region are having to borrow money to pay for their deposits, with many turning
to payday lenders for the funds. Read
more on 24dash.
‘Ludicrous’ plan to build skyscraper over Georgian Birmingham building
rejected
-
Councillors unanimously refuse permission for 42-storey block of flats on
top of former residence and hospital
Councillors in Birmingham have unanimously...
1 day ago
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