For anyone renting a property, whether it is their first rental or they are moving from one rented residence to another, raising a deposit is a major concern. The deposit is typically equivalent to five weeks' rent, and according to the Tenancy Deposit Scheme, the average deposit in England and Wales is £1,041. In London, the fee is much higher, at approximately £1,750. In recent years,...
Have you considered investing in real estate yourself, and are intrigued by the idea of owning rental properties? The homeownership rate is at its lowest level in 50 years, so now may be the perfect time to explore this opportunity. Owning a rental property has several advantages, one of which is that it can generate passive income. The pride of ownership may be part of the appeal for some landlords....