The number of rental properties claimed back by landlords
after tenants fail to pay their rent is expected to rise this year, official
figures suggest. The latest data from
the Ministry of Justice shows that the number of properties taken back by
banks, building societies and other home loan providers after owner occupiers
fail to pay their mortgages has stabilised at low levels in the last few years.
However, an increase in the number of repossession claims and a sudden
significant spike in the number of warrants for future repossessions by
landlords suggests the instances of tenant eviction could rise by almost 10
percentage points in the coming months. Read more on the Independent website.
Why is the number of first-time US homebuyers at a generational low?
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Young Americans are holding off on buying a home, with the average age in
2024 being a record high of 38
A cornerstone of the American dream is drifting ...
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