Fear of rent is feeling ‘very comfortable’ at home

A person who works in two jobs said that insecurity to rent means that he cannot “feel very comfortable” in his home.

A supply teacher and once supervisor Brian Jenkins was told by his landlord that he was selling.

But from Mr. Jenkins, Lalnelli, Carmatics, said that the flat was returned to £ 350 per month on the fare market, as much as he was paying.

Private sector fares in Wales increased by 8.2% in June, according to the latest estimates by the National Statistics (ONS), while new data from the Principal Building Society shows that home prices are stable between “sales”.

The average private fare in Wales increased to £ 804 per month in June, although according to the increase, in November 2023 a record of 9.9% before the summit Private fare price index,

56 -year -old Mr. Jenkins said that his son grew up to leave the house, which he was left with a “swallowing idea” that he did not “want to feel very comfortable, just in the case” it happened again.

When he was looking for a new place in 2022, he had to choose carefully because “they were asking crazy money for some properties that I was not just in a position to be able to bear.”

Last year, the fare at his home increased from £ 550 to £ 600 per month, which he believed was “appropriate”, but said it could be a conflict during the school holidays when their supply work dries up.

61 -year -old Stephen Davisson of Landudno, Convi County lost his job during an epidemic and use his savings to pay his bills.

Their fare has increased by £ 100 per month, which in recent years, in addition to repeated councils, has paid more to their bills.

He said: “You go by creating some plans to throw some plans for the future. I don’t know where I can not get a second job.

“My savings are decreasing, my chances of getting a job are going down and you feel insecure.”

Estate agent Douglas Hag, a director of the National Residential Landlords Association, said he hopes that the fare will increase in Wales, as there has been a lot of increase for the landlords “now” has started the bed “.

He said: “It reaches a point where there is a roof of what the normal market can tolerate. And I think we are reaching that point.”

According to the Wales House Price Index of Principality for April to June, the average house was priced at £ 238,098, an increase of 0.7% on the year, while the sales number increased by 13%.

Average property prices saw an increase in nine regions, while 13 declined.

The princely Chief Financial Officer, Ian Mansfield, stated that affordable challenges for buyers for the first time made the hostage rates cheaper after cutting the interest rates of Bank of England.

Although some people are renting, continuous increase in sales in the last 15 months suggests that it is becoming more affordable for others to reach the property ladder, he said.

“A stable housing market, where prices are not growing at heavy percentage points … means access to buyers to come to the market.”

Former police officer Paula Spens moved to his new family house in CWMbran, Torfaen two weeks ago.

He and husband Graham had already reduced, but when his three children and grandchildren came back to live with him, he was very much needed.

Mrs. Spens said she found a buyer for her house within two days, but it was a “struggle” to find the right place to buy.

“There were some things, but as much as we wanted to pay in a high bracket, so we really felt that we got it,” he said.

“The family is happy and we all have got their place, so it’s all good.”