Are you getting value for money from your landlord?
A report by the housing charity Shelter this week confirmed the difficulties facing those desperate to sign up to rented accommodation after falling foul of mortgage credit restrictions in the short-term. It is believed there are around 3.5 million rented properties in the UK, housing around 8 million people, making the rental market in the UK significant to say the least. So are you getting value for money from your landlord?
A number of landlords have recently been taken to court in relation to "rip-off fees" and indeed the instances of fraud in this particular area have increased dramatically during the recession. As we mentioned a few days ago, there have even been examples of "landlords" breaking into third-party properties, passing them off as their own and "renting" these properties to unsuspecting victims.
If you're looking to move into rented accommodation in the UK you should make yourself fully aware of your rights and what you can expect. To be forewarned is to be forearmed and in the current economic climate each of us need as much help as possible to avoid the potential pitfalls of the rental market and the fraudsters who have been literally crawling out of the woodwork.
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