- Friday, 4 December 2009People who rent their home could find themselves faced with higher rates in 2010, it has been revealed.
According to LettingZone, those entering into a new contract at the beginning of next year could find that they have to pay more for similar-sized properties.
The potential increase in monthly outgoings could impact upon the number of people who come to rely on debt help in order to cope.
Mark Garner, chief executive of the property website, said the possible rises would be relative to recent rent figures.
He commented: "Come February I think any renewals, or people looking to move, will be looking at higher rents … than they have been over the last few months."
Mr Garner made his comments after figures from the Royal Institution of Chartered Surveyors revealed that there had been a 22 per cent increase in the number of surveyors who felt rents would rise over the next three months.
Recent IVA News23% of first-time buyers save for five years to raise a depositWed, 04 May 2011
Brits dealing with Finance Management should shop around for car insurance Wed, 04 May 2011
Parents, including those with Finance Management, advised to start saving for children's weddingsTue, 03 May 2011
Newlyweds may be in need of Finance Management plans after overspending on weddingTue, 03 May 2011
Renting rather than buying may be an option for Brits with Finance Management Thu, 28 Apr 2011
Consumers coping with Finance Management may want to shop around for cheap energy tariffsWed, 27 Apr 2011
Increasing number of Brits turning to loans for home improvementsWed, 27 Apr 2011
Brits, including those with Finance Management plans, to spend £267 on Royal Wedding Tue, 26 Apr 2011
Equity release can be used to 'become debt-free'Tue, 26 Apr 2011
| |
Money Debt and Credit Ltd, Registered in England & Wales No.05588842.
Registered Office: 45 Clarendon Road, Watford WD17 1SZ
Consumer Credit Licence Number: 0580960