Could renting help while saving for Christmas?
Now is the time to begin saving for next Christmas rather than the approaching festive season if people want to ensure they stay clear from debt, one sector commentator has advised.
Andrew Hagger, spokesperson at Moneynet.co.uk, said that it was important people got used to outing a little bit of money away, rather than relying on credit cards and being left having to fork out payments to cover the additional interest.
"Come next November, you're feeling quite smug with yourself because you've got your money there ready to do your shopping with," he added.
However, British consumers face a collective £8 billion worth of debt brought on by the cost of Christmas, analysis from money.co.uk has found.
Such news may inspire people to look for flats to rent in Wandsworth or another part of London, rather than taking on an expensive mortgage during this costly time, particularly as property prices in the capital tend to be higher on average than elsewhere in the UK.
And any money they save by renting could be put towards making next Christmas a lavish one.
Written by Ben Carter
Published 2nd December, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Southwark to get Dickens statue
People in flats to rent in Southwark may be pleased to learn that the local council plans to install a commemorative statue installed between Blackfriars Road and Union Street to celebrate the English novelist Charles Dickens' 200th birthday.
Read Article ... Published on 9th February, 2012
Bexley highlights progress on local Olympic planning
People occupying flats to rent in Bexley have been assured that the local council is making good progress in getting ready for the forthcoming 2012 Olympic Games in London.
Read Article ... Published on 8th February, 2012
Colindale's Grahame Park area in line for regeneration funding
New flats to rent in Colindale could be created if Barnet Council succeeds in efforts to obtain new funding for the regeneration of Grahame Park.
Read Article ... Published on 8th February, 2012
Council announces new parking plans for Fulham
People seeking flats to rent in Fulham will be able to benefit from expanded parking facilities thanks to a new package of measures from the local authority.
Read Article ... Published on 7th February, 2012
Bromley Council approves funding for Biggin Hill Heritage Centre
People occupying flats to rent in Bromley will welcome news that £64,000 has been allocated for the development of the new Biggin Hill Heritage Centre.
Read Article ... Published on 7th February, 2012
Harrow unveils new budget plans to modernise local services
Those occupying flats to rent in Harrow have been promised that local services will be protected or improved under new plans from the regional council.
Read Article ... Published on 6th February, 2012
Borehamwood park to compete for Green Flag Award
People living in flats to rent in Borehamwood will see their local Aberford Park compete for a Green Flag Award once again this summer.
Read Article ... Published on 6th February, 2012
Plans for new Highbury Roundhouse developments outlined
People in flats to rent in Highbury have seen plans to redevelop the current site of the Highbury Roundhouse community centre take another step forward.
Read Article ... Published on 3rd February, 2012
Improvement programme to be launched for Ruislip Manor shops
Those occupying flats to rent in Ruislip are set to benefit from a new scheme that will improve the look of shops in the Ruislip Manor area.
Read Article ... Published on 3rd February, 2012
South Kensington's revamped Exhibition Road officially opens
Demand for flats to rent in South Kensington could be set to rise following the official opening of the revamped and redeveloped Exhibition Road area.
Read Article ... Published on 2nd February, 2012
Britons have been advised to begin saving now for Christmas 2010 and it could be said that renting a London home rather than buying leaves them with more money to put towards their festive celebrations.