Whether you are a landlord or a tenant, you may be interested to read about some research that has been carried out that looks at the difference charged by landlords for furnished and unfurnished two bedroom flats in different cities in the UK.
There are pros and cons of both types of property lets for both tenants and landlords such as a furnished property may appeal more to a single tenant who is moving around the UK on a very frequent basis as he or she may not want to be bothered with the prospect of having to move their furniture frequently. However, a family looking for a long-term rent may prefer to bring their own furniture with them every time they move. A landlord may find it easier to rent out a furnished property and the additional rental income emanating from a furnished property may far outweigh over a period of time the initial financial outlay of buying the furniture and white goods.
The city in the UK where there was the biggest difference between the rental income charged on furnished and unfurnished two bedroom flats was Sheffield. The difference in that city was an average of 21%. A furnished property was being rented out at an average of £726 per calendar month whereas an unfurnished property was being rented out at an average of £598 per calendar month – a difference of £128 per calendar month.
In London the difference was 9% with this equating to an extra £128 per calendar month.
In Birmingham there was a difference of 20% that, in monetary terms, was an extra £127 per calendar month.
In Manchester there was a difference of 15% that equates to a price difference of £101 per calendar month.
In Cardiff there was a difference of 7% that equates to a price difference of £50 per calendar month.
In Glasgow there was a difference of 13% that equates to a price difference of £86 per calendar month.
Whether you are a landlord looking to arrange buildings and contents cover on either a furnished or unfurnished property or are a tenant looking to arrange cover on your own contents and personal belongings in an unfurnished property then why not make contact with us here at AIB Insurance on 02380 268 351 and speak with a friendly, knowledgeable member of our team. He or she will discuss your requirements and arrange for you to receive a competitive quotation from one of the insurance companies on our extensive panel.
If you are a courier then you may have been able to take a welcome rest after the lead up to Christmas that was probably your busiest period of the year. However, by now you are no doubt back in the swing of things making numerous deliveries every day to consumers here in the UK.
When you knock on someone’s door and hand over a parcel, most people are pleased to see you and offer their thanks before closing the door and hastily opening the parcel to check out their new purchase. However, there are no doubt some who are unhappy because they were expecting the parcel to be delivered sooner. So, how many consumers express this opinion?
Well, research carried out by whistl that is a delivery management company has revealed that an increasing number of consumers want their parcels delivered more quickly.
Apparently, the research discovered that 7% of consumers here in the UK were only interested in having their online purchase delivered on the same day that he or she purchased it. A further 12% of purchasers were insistent in having their goods delivered to them the day after he or she bought the item(s). A further 32% of consumers were agreeable to receiving their new purchase within 2 to 3 working days. In excess of 25% of consumers were happy to take delivery of their new purchase in 7 days time.
It is people living in Birmingham who are the most impatient when it comes to the time that they are prepared to wait for a courier to deliver their parcel. In the UK’s second largest city, consumers are prepared to wait an average of 3.3 days. Those living in Nottingham are prepared to wait the longest – 4.7 days on average.
It is the male population who are slightly less patient than women when it comes to waiting for their courier to deliver their new purchases. Men are prepared to wait an average of 89 hours whereas women will wait 91 hours for their delivery.
If you are either an established courier or are in the process of setting up in business providing a courier service then why not get in touch with us here at AIB Insurance on 02380 268 351 and speak with a member of our team about your insurance requirements. We shall be happy to provide a no obligation, competitive quotation from our extensive panel of insurers.
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