Tag: Housing

Finance

The Finance Roundup

Tesco continues profits turnaround New Tesco boss, Dave Lewis, has overseen the revival of the popular supermarket chain’s profits over the past two years. Previously having suffered blows from an accounting scandal, the retailer managed to make pre-tax profits of £1.3bn last year. Shares have risen by around six percent, meaning the company is now…

Features

Scarlet Francis on the exploitation of students by landlords

As an UEA student, the notion of landlords ripping off students seems to be an epidemic – but is this actually true? I distributed a survey via social media, imploring students to answer questions based on their own experiences with landlords. Amongst the anonymous respondents, 74 percent stated that they felt landlords were taking advantage…

Finance

Young people locked out of housing market

There has been increasing difficulty for young adults in Britain to secure a place on the property ladder, causing many to be “locked out of the housing market”. Recent studies from the Institute for Fiscal Studies (IFS) has found in the last 20 years, middle income 25 to 34 year olds have seen the biggest…

Finance

Housing stock rises to £7.14tn

UK housing wealth exceeds £7 trillion for the first time. Increasing in value by over a third in a decade, the value of all UK housing now stands at £7.14tn. The combination of historically low-interest rates and an array of demand-side policy from the government including help-to-buy, buy-to-rent and right-to-buy contributed to the majority of…

News

Golden Triangle care home to house 70 students

Norwich City Council have granted planning permission to a developer looking to convert an old people’s home into student accommodation. Somerley Care Home, based near Unthank Road, was sold for £1.1 million to Prabodh Devlukia. The agreed plans for conversion involve a space for 66 students to reside, with little changes to the layout of the…

Finance

The good tenant guide to renting

Maybe you have just moved into your new student house for this year, or you have signed onto the same house for another year, but do you know what you are actually responsible for? The first place to look for what you and your landlord are responsible for is your tenancy agreement or contract. Ideally…

Finance

Queens Speech confirms abolition of tenant lettings fees

It was confirmed in the Queen’s Speech that the new minority Conservative government will ensure that “unfair” tenant fees are banned. A new Tenants’ Fees Bill was announced, which will stop tenants having to pay money to lettings agents. It is thought the bill will pass easily, given all main parties mentioned banning the fees…

Finance

Reality check: housing market still out of reach

For the first time since 2009, the average price of housing in Norwich decreased for three consecutive months. It is a relief for prospective buyers that the annual price increase is slowing down. Yet, one question remains: will it slow down enough? Between December 2015 and October 2016, the price of housing in Norwich went…

News

Concrete meets the UEA-based housing co-operative

A housing co-operative launched by UEA and Norwich University of the Arts (NUA) students aims to create what they see as a fairer student housing system. The Norwich Association for the Co-Operative Housing of Students (NACHoS) was founded with the objective of providing “below-market rent prices” through tenant ownership of a local property, which they…

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The University of East Anglia’s official student newspaper. Concrete is in print and online.

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