10th
Jul 2014
An online flat and house sharing company reports that because of the buoyant market, nine out of 10 ten landlords are getting their asking prices for rent and in some cases more.
The company also says that ten per cent of tenants are on average forking out £47.51 more per month than the original advertised price for their present accommodation.
Nearly half of the above are paying above the quoted price due to landlords "upping" the price after the advert was posted. 39% of those are paying between £26 to £50 more a month and 18 % are paying between £51 and £100 extra.
Those who have agreed to increases in London are around 13% overall and an average room cost is as high as £689 per month. It is being claimed that at any one time in the Capital, there are more than thirteen people clamouring over each available room.
Tenants do not have everything going against them as in the independent survey 78% of landlords could, at times, think about decreasing the rent for the right tenant.
Nearly 43% of tenants did say that they managed to lower the price by negotiating with the landlord.
25% outrightly refused and did achieve a lower price.
Only 8% of tenants managed a lower rental agreement by showing how good a tenant they were by supplying references.
Matt Hutchinson, director of the online company, said: ‘In spite of enormous demand for private rented accommodation, especially in the capital, there can be wiggle room to go in with a lower offer."
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