CBRE statistics revealed that investment in student property hit a record £2 billion in the nine months to September
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The rising cost of running a household, together with stagnating wages and benefits are compelling an increasing number of people to rent out their spare rooms to lodgers. A report by a leading UK insurer has revealed that nearly 1 million homeowners have taken in lodgers this year, twice the figure for last year.
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Search for areas with high demand and properties that offer strong yields
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AXA has warned that thousands of homeowners in the UK are leaving themselves at risk of having insurance claims turned down – because they are unclear about how their storm damage cover works. The insurer says it has to turn down 1 in 20 storm damage claims each winter, because damage has been caused by general wear and tear rather than a sudden storm-related event.
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Prices outside of Dublin are now 9.9 per cent lower than they were in September 2011
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