Shelter say renting privately in the UK is unaffordable

The old purse strings have had to remain tight for a good few years now. Words like “credit crunch” and “recession” now make us sigh, as we know exactly what they entail and that’s why at iSUBSCRiBE.co.uk we love to give you such cheap offers – like our House and Garden magazine subscription for just £1 an issue.
Chances of buying your own home have dwindled since mortgage lenders are reluctant to give out money and the deposits you have to put down to even secure a mortgage are getting higher, thank goodness for being able to rent, hey? Saying that, reports from housing charity Shelter have been released today and they show that the cost of renting a home in 55% of local authorities in the UK is “unaffordable”. So it seems we’re losing either way!
According to the charity, in the 10 years up to 2007, rents have risen one-and-a-half times the rate of incomes and a number of families are having to cut back on other things, such as food, to pay their rent.
As we’re paying so much for the homes we live in, it’s no wonder we always want them to look their best – we can’t afford to go out so will be spending our time there! It’s a good job then that it doesn’t break the bank to get a House & Garden magazine subscription.
The magazine is filled with great inspiration on how to make the most of your home and at just £5 for the first 5 months, it’s a real bargain.
Subscribe and save on a House and Garden magazine subscription today. Posted by Arabella Gibson.