UK Rental Costs Outpace Gross Income

The UK has seen quite a steep difference of pace between the rate of growth of rental costs for private property tenants , up 60% over the last 10 years, as compared to gross income which has only gone up by 31% over the same decade.

“High-Risk” Renters to Get a Credit Rating Boost

Renters who have a good history of paying their bills on time may be about to benefit from a boost to their credit rating. A recent reports suggests that timely rent payments will now taken into account when calculating credit scores, giving a boost to renters who make it a habit to pay their rent on time.

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