• Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech
Stories from SWNS
Advertisement
  • Home
  • News
    The Führer’s Prophecy by Brian Klein 

    The Führer’s Prophecy by Brian Klein 

    How to find safe non-gamstop casino games

    How to find safe non-gamstop casino games

    Conservation zoos ‘have powerful potential to reverse extinction’

    Conservation zoos ‘have powerful potential to reverse extinction’

    Royal Navy aviators raising cash to rescue stray puppy

    Royal Navy aviators raising cash to rescue stray puppy

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    £6.8billion turtle-shaped floating city unveiled

    £6.8billion turtle-shaped floating city unveiled

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Why Is Cloud Storage Migration Best Left To Professionals?

    Why Is Cloud Storage Migration Best Left To Professionals?

    How Tech Is Empowering Small Businesses And The Economy 

    How Tech Is Empowering Small Businesses And The Economy 

    The Technology Behind Forex Trading – And its Wider Impact

    The Technology Behind Forex Trading – And its Wider Impact

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
  • News
    The Führer’s Prophecy by Brian Klein 

    The Führer’s Prophecy by Brian Klein 

    How to find safe non-gamstop casino games

    How to find safe non-gamstop casino games

    Conservation zoos ‘have powerful potential to reverse extinction’

    Conservation zoos ‘have powerful potential to reverse extinction’

    Royal Navy aviators raising cash to rescue stray puppy

    Royal Navy aviators raising cash to rescue stray puppy

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    £6.8billion turtle-shaped floating city unveiled

    £6.8billion turtle-shaped floating city unveiled

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Why Is Cloud Storage Migration Best Left To Professionals?

    Why Is Cloud Storage Migration Best Left To Professionals?

    How Tech Is Empowering Small Businesses And The Economy 

    How Tech Is Empowering Small Businesses And The Economy 

    The Technology Behind Forex Trading – And its Wider Impact

    The Technology Behind Forex Trading – And its Wider Impact

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
Stories from SWNS
No Result
View All Result
Home Business

Harry Dhaliwal: Average Briton spends £11,100 on rent before buying first home

by
March 22, 2016
in Business
0
0
SHARES
45
VIEWS
Share on FacebookShare on Twitter

Manchester based letting agent Harry Dhaliwal of the Belvoir group has carried out market research which found that the average British homeowner spends £11,100 on rent before buying their first property.

Letting agent Dhaliwal commissioned the research, surveying UK homeowners before forthcoming changes to buy-to-let stamp duty are introduced in April, which may have an effect on the UK rental market.

The analysis found that the average Briton rents for just over three years (38 months) before they buy their first home and that young Brits depart from their parental home under the age of 21 on average to rent their own place.

It was also found in the survey that 59% of British people think it’s financially not common sense to rent, whilst 25% of people do not view renting as unwise. Spending an average of £11,100.67 on rent, Brits shell out an average of £577.64 on letting fees and £587.93 in security deposits when renting.

An average amount of £511.73 of deposits is recouped by renters, with 80% of people getting full rental deposits back.

Dhaliwal stated, “Sometimes the rhetoric around generation rent becomes quite exaggerated and whilst the rental market is growing so is the quality and variety of rental property. The findings of our survey highlight that renting across the UK is not as expensive as sometimes reported and most people get full deposits back from landlords. It remains to be seen what affect the stamp duty changes to buy-to-let purchases will have in April.”

“Whilst the struggles for first time buyers in London and high rental cost in the capital are well documented, the picture across the UK in general may not be as grey as it is sometimes depicted. There are superb professional opportunities in most of the UK’s main cities and in the digital age the flexibility around employment and running a business mean renting or buying outside London has probably never been more attractive.”

General statistics on the UK rental market data state that 22% of households in Great Britain are now rented from private landlords, a huge increase from the figure of 9% in 1985.

Average rent in the UK is £761 per month including rents in London, though excluding London the average drops to £689 per month across the rest of the UK. Average monthly rent in London is now £1560.

Previous Post

Home buyer appoints agency for content strategy following new website launch

Next Post

Do Different Colours Really Help You Sleep? 5 Colours You Need in the Bedroom

Next Post
Colours in the bedroom can affect sleeping

Do Different Colours Really Help You Sleep? 5 Colours You Need in the Bedroom

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 122 Followers
  • 60k Followers
  • 190k Subscribers
  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

March 5, 2014
The top ten most well-known bingo phrases

The top ten most well-known bingo phrases

January 21, 2014
The horses thunder towards a jump at the Grand National

Amazing racehorse names which never made it

April 23, 2014
HGH Injections Brands: Which Ones Are Best?

HGH Injections Brands: Which Ones Are Best?

January 14, 2019
Chris Fear, 33, outside the Coral betting shop which is refusing to pay out on his 485/1 winning bet

Boycott Coral! Bookmaker faces protest after refusing to pay out on a football fan’s 485/1 bet

184
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

147
Women feel invisible to the opposite sex at the age of 51, researchers found

Women begin feeling invisible to men ‘when they turn 51’

138
UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

105
Why are UK mortgage approvals at an all-time low?

Why are UK mortgage approvals at an all-time low?

March 28, 2023
Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
The Führer’s Prophecy by Brian Klein 

The Führer’s Prophecy by Brian Klein 

March 16, 2023
6 Benefits of Customs Clearance Services

6 Benefits of Customs Clearance Services

March 10, 2023

Recent News

Why are UK mortgage approvals at an all-time low?

Why are UK mortgage approvals at an all-time low?

March 28, 2023
Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
The Führer’s Prophecy by Brian Klein 

The Führer’s Prophecy by Brian Klein 

March 16, 2023
6 Benefits of Customs Clearance Services

6 Benefits of Customs Clearance Services

March 10, 2023
SWNS

SWNS all rights reserved. Copyright 2020

Follow Us

Browse by Category

  • Auto
  • Blog
  • Business
  • Celebrity
  • Gaming
  • Life
  • Lifestyle
  • News
  • Pictures
  • Property
  • Review
  • Sport
  • SWNS
  • Tech
  • Travel
  • Uncategorized

Recent News

Why are UK mortgage approvals at an all-time low?

Why are UK mortgage approvals at an all-time low?

March 28, 2023
Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.

No Result
View All Result
  • Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.