The latest articles relating to the private rented sector
Ministers need to act to tackle growing costs in the rental market as buy-to-let mortgage hikes risk further increasing rents. Amidst ongoing conflict in the Middle East, the financial advice website, Moneyfacts, has warned of higher rental payments for tenants as landlords face “soaring borrowing costs”.
Ministers must take action to tackle rising costs in the rental market, following warnings the conflict in the Middle East is seeing borrowing costs ‘soar’. According to financial advice website, Moneyfacts, the unrest has caused ‘absolute mayhem’, with buy-to-let landlords taking our mortgages now paying an additional £1,100 a year, compared to those signing deals at the start of the month.
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