Facing high demand and low supply, there is often only 48 hours to strike a deal. With some hopefuls paying £50,000 upfront to secure a home The cost of renting in London and many other parts of the country has soared over the past year, with a lack of available properties meaning tenants face tough competition to secure a home. Some feel they have little option but to pay thousands of pounds upfront - £50,000 isn't unusual - or sign longer leases to beat other hopeful applicants. According to...
Facing high demand and low supply, there is often only 48 hours to strike a deal. With some hopefuls paying £50,000 upfront to secure a home The cost of renting in London and many other parts of the country has soared over the past year, with a lack of available properties meaning tenants face tough competition to secure a home. Some feel they have little option but to pay thousands of pounds upfront - £50,000 isn't unusual - or sign longer leases to beat other hopeful applicants. According to...
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