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Wednesday 30 March 2016

ARLA Renting Reports State the Difficulties of First Time Buyers in London



You need to have a good pile of cash if you are thinking about investing in buying a home in England for the first time. A recent rent report calculated by the Association of Residential Letting Agents (ARLA) revealed that the average first time buyers spend as much as £70,000 on rent. Also those who are willing to buy first time in England need to save more than £50,000. The Buy2Let Shop reviews received from property investors have the commonality of people being forever renters as saving such a huge amount seems extremely difficult. 

The London market has turned very competitive due to more potential tenants looking for houses in the capital.  The Buy2Let Shop reviews discloses the unaffordable state of young workers working in the capital.