The Hidden Costs of Renting

Posted: November 9, 2014 in Uncategorized

For those who don’t rent, they may think the only costs are rent and perhaps a damage deposit. However, a whole grey area of fees and charges has emerged. These mask the real costs of renting, and also mean that it is harder for tenants to get somewhere to live as there are high front-loaded fees.

“Renting is getting more expensive in the UK. The landlord lobby points to ‘below-inflation’ average rises in rent, but these are deceptive. Average rises mask big variations in the real rents being charged, nor is ‘rent’ the only cost that tenants must pay. So, let’s talk about the other costs of renting.”

Read the full article here.

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