64% of London tenants still target homeownership

first_imgHome » News » Housing Market » 64% of London tenants still target homeownership previous nextHousing Market64% of London tenants still target homeownershipLatest measure of confidence and intent shows two thirds of London’s private tenants still want to own their own home, despite confidence dip.The Negotiator19th March 20180916 Views The Kinleigh Folkard & Hayward (KFH) London Tenant Barometer 2018 has revealed private tenants living in London still hanker after buying their own home. Of those questioned, 64% would rather own than rent, with only 25% of tenants happy to stay in rental accommodation on a long-term basis.Despite the desire to move on from renting, confidence in this ever happening has decreased over the last year, with 52% saying their chance of getting on the property ladder has got worse.The snapshot of the largest private rental sector in the UK highlights how home ownership is still the goal in London, although 71% of the 2,000 respondents said they were happy living in a rented home.The desire to own a home does not appear to be diminishing among London’s renters and schemes like Help to Buy”.KFH’s Carol Pawsey says that despite incentives to facilitate home buying, affordability issues are keeping many tenants in rented accommodation: “The desire to own a home does not appear to be diminishing among London’s renters and schemes like Help to Buy, increased mortgage availability and changes to stamp duty have helped ease the path to ownership. But high buying costs mean many expect to rent for the foreseeable future and want a property that adequately meets their expectations.”Carol Pawsey – Kinleigh Folkard & HaywardOther key statistics included in the report include news that 48% of tenants expect their rent to rise over the next 12 months, and that the average monthly rent in London now stands at £1,600.Important to tenantsThose taking part in the survey were also asked to rank what was most important to them when they chose their current rental property in London, with price (77%) voted the number one concern. This was followed by location (65%), property size (51%) and proximity to transport links (47%). Of lesser importance were broadband speed (12%), good quality mobile phone signal (7%) and shared inclusive amenities (5%).KFH help to buy London London Tenant Barometer private rental sector private tenants Carol Pawsey The Kinleigh Folkard & Hayward March 19, 2018Chris SmedleyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

PREMIUM2019 sees fewer corruption cases but bigger state losses: ICW

first_imgTopics : Log in with your social account Forgot Password ? LOG INDon’t have an account? Register here Fewer corruption cases were brought to court in 2019, but total state losses incurred nearly doubled to Rp 8.4 trillion (US$614 million), the highest in five years, according to antigraft watchdog Indonesia Corruption Watch (ICW).An ICW survey found that 580 individuals were prosecuted in 271 corruption cases investigated by the Corruption Eradication Commission (KPK), the police and the Attorney General’s Office (AGO) last year, compared to 1,087 individuals and 454 cases in 2018.Yet, the drop in the number of cases does not mean Indonesia has managed to root out corruption, the ICW report says.“Indonesia has not yet succeeded in eradicating corruption,” ICW activist Wana Alamsyah told a press conference on Tuesday.Wana pointed out that Indonesia ranked 97th of 126 surveyed countries in the Rule of Law Index by the World Justice Project, which … Google Linkedin Facebook #corruption corruption KPK #KPK ICWlast_img read more

Family Fun at inaugural R&A GolfSixes Challenge

first_img Tags: GolfSixes 2 Aug 2019 Family Fun at inaugural R&A GolfSixes Challenge Friendships, family and fun were the common themes as the inaugural R&A GolfSixes Challenge was hailed a success.Staged at Woburn ahead of the AIG Women’s British Open, the short format event was organised by The R&A in partnership with England Golf and proved to be popular for all involved.Played on the Marquess’ Course – where defending champion and R&A ambassador Georgia Hall and a world-class field competed – the GolfSixes Challenge saw 48 players tee it up, forming eight teams and representing 22 golf facilities.The Sixes format – an initiative created by The R&A supported Golf Foundation – helped to foster friendships and fun within a family atmosphere, while the day also involved a lunch and prizegiving.The winning team featured Paul and Dominic Hoskin (from Benton Hall), Adrian and Edward Stephenson (Leighton Buzzard) and Ray Ripsher (Bush Hill Park) and Fiona Llewellyn (Woburn). Fiona stepped in for Ray’s wife, who was unable to play, while six players from Woburn finished in 2nd place.The GolfSixes Challenge gives participants the opportunity to enjoy playing a world class venue on the eve of a major championship and mirrors The R&A 9 Hole Challenge, which was again held on the eve of The Open at Royal Portrush last month.Both The R&A GolfSixes Challenge and The R&A 9 Hole Challenge are central to the organisation’s wider drive to promote shorter forms of golf as ideal ways to enjoy playing the sport in less time, either recreationally or competitively.Duncan Weir, Executive Director – Golf Development and Amateur Championships at The R&A, said, “The GolfSixes Challenge played at Woburn was The R&A’s first venture using this format and we were delighted with the success of the event. It is a great addition to AIG Women’s British Open week and we received very positive feedback from all the players. The inaugural event gives us something to build on when staging it again at Royal Troon in 2020.”GolfSixes continues to grow in popularity, notably given its success in encouraging more young people into the sport. For example, GolfSixes Leagues reached 102 golf clubs in 2018 and will be enjoyed by more than 200 this year, with the Leagues proving highly popular with club management, PGA professionals, parents and children.GolfSixes has also been a popular addition to the European Tour schedule, with Ladies European Tour players also involved.last_img read more