guaranteed rental income

Guaranteed Rent Income | First-time buyers priced out of London housing market

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Housing conundrum: first-time buyers take longer to save for a deposit in London, and higher rents make it more difficult to do so. Photograph: David Levene The vast majority of first-time buyers are priced out of the housing market in London, an economist for one of the UK’s biggest lenders has warned. The house price-to-earnings …

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Guaranteed Rent | Spain hopes to draw European Central Bank into funding Bankia bailout

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Bankia’s president, Jose Ignacio Goirigolzarri. It has asked Madrid for €19bn in financial support just as a credit rating agency downgraded it to junk status. Photograph: Antonio Heredia/AP Spain’s government plans to force Europe’s central bank into sharing the task of bailing out its troubled financial sector in a potentially controversial move that could spark …

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Guaranteed Rental | Irish dodge debts through UK ‘bankruptcy tourism’

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Bankrupt clients from Ireland have used a Leicester solicitor and UK courts to wipe out more than €1bn debts taken out in the republic Bankrupt Irish clients are managing to write off debt through UK courts. Photograph: Peter Morrison/AP A solicitor in Leicester has helped Irish clients escape more than €1bn (£798m) of debt by …

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