A new survey conducted by Ocean Finance reveals that half of
those who rent privately have been ‘ripped off’ by either their landlord or
letting agent. The poll conducted from
2,000 UK adults shows a high level of dissatisfaction amongst tenants in
regards to the service they receive. The
reasons given were:
·
53% of tenants were unhappy due to a failure to
do repairs
·
47% of tenants were unhappy by the delays in
getting things fixed
·
37% of tenants were unhappy about tenancy
deposits not being refunded
·
25% of tenants were unhappy with the
unreasonable reductions from the tenancy deposit
·
23% of tenants were unhappy with the
unreasonable increases in rent
·
22% of tenants were unhappy being handed
unreasonable fees to start the tenancy agreement process.
As a result, Citizens Advice Bureau has highlighted that
there has been a growing concern among private tenants who are facing evictions
despite being up to date on their rent payments. In addition to this, the CAB is
also witnessing a 38% increase in those without rent arrears who have been
threatened with an eviction. According to the CAB, over 5,000 issues in regards
to tenant evictions have been reported in both 2013 and 2014. Around 3,750
issues had been reported the year before.
So what about buying
a home?
Latest statistics show that more and more people are teaming
up in order to buy a home. New research conducted by Santander Insurance shows
that 22% of people who wish to make a joint purchase within the next 2 years
will do so with their unmarried partner. 13% of those wishing to purchase will
share the purchase with their parents, whilst 4% will make a joint purchase
with a friend or other relative.
23% believe that the main reason for making a joint purchase
is that it is the only way for them to get their foot on the property ladder.
Other statistics show that only one fifth of those planning to make a joint
purchase will do so as they simply want to live with that person. Whilst 16%
will make a joint purchase as they believe that it will leave them less
financially stretched. And finally, 15% will do so in order to afford a larger
property.
So whether you are a tenant or a landlord in need of some
legal advice, contact us at LawStore Conveyancing today for a straightforward
and jargon free solution. If you’re
thinking of making a joint purchase on a property then visit us in store today
to ensure all the legal forms needed are completed and up to date. Or simple
call us on 0845 603 6544 or visit us online.
At LawStore conveyancing, we offer a fast and cost effective
solution to all your conveyancing needs. Get a free online conveyancing quote when you visit us online and see how much we can save you.