Some 64% of tenants in London’s private rented sector
want to own their own home but more than half feel less able to buy than a year
ago, new research has found. Overall 71% of tenants are happy living in a
rented home, but only 25% want to stay living in rented property long term,
according to a study from Kinleigh Folkard and Hayward (KFH). Of those wanting
to buy over half, 52%, feel the chances of doing so has decreased over the last
12 months and 48% of tenants expect rents to rise 1.1% over the next 12 months.
On average, tenants expect to continue renting in London for a little over four
years but the vast majority expect to pay more with just 2% thinking that rents
will fall. Read more on the Property Wire website.
Grenfell inquiry: tributes to victims continue for fourth day - as it happened
-
Commemorations continue to be paid to the 72 people who lost their lives in
the fire last June
- *Portraits of all those who died in Grenfell Fire*
...
19 hours ago
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