Shared accommodation, also known as shared housing or house sharing, involves multiple individuals living together in a single dwelling and sharing common spaces such as the kitchen, living room, and sometimes bathrooms.
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London Rents Fall In January - Rooms For Let
It has been reported that rents in London fell slightly during December 2023 and January 2024, the first fall in over 2 years.
London based Estate Agents Foxtons reported that, although there was an 8 per cent year on year increase, that rents during the latter part of 2023 had in fact fallen in the London area.
Mortgage Rates and Landlords Choices with Rooms To Rent
With some lenders reducing mortgage interest rates and bringing in new fixed rate deals towards the end of 2023, does this signal further drops in 2024 and will this affect the thinking of landlords and those thinking of coming in to the rental market in the short to medium term?
Whilst some lenders, in January 2024, having in fact pulled recent offers and increased rates, is the overall trend downwards?
Rooms To Rent in Norwich and What the City Has to Offer
There are many diverse types of rental accommodation in Norwich from
shared houses, HMO’s, student accommodation to many flats and larger
houses. Rent amounts can vary massively, as in most areas dependent on
the type of accommodation and what is included in the price such as
broadband, energy costs etc.
As in most areas, Norwich offers spare
rooms as well as rooms to rent in HMO’s, many catering for the student
population but also encouraging professional individuals.
Energy Price Cap To Increase in January 2024. Increases for Tenants and Landlords
OFGEM has announced that the Energy Price Cap will increase from 1 January 2024.
This will affect most consumers who are not on fixed rates tariffs at this time.
The price of energy for a typical household who use gas and electricity and pay by Direct Debit will go up by £94. This will take the price cap from £1,834 to £1,928 per year.
This increase will affect both tenants who pay their own bills or have an energy supply contract and Landlords who include bills in the monthly rent.