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Demand for Property to rent in London Continues to Soar
3 pages
Publié par
smithjohnson34
Demand for Property to rent in London Continues to Soar
Now is a generally good time to be a landlord in London.
Tenant demand is rising at a
rapid pace while the supply of residential properties coming into the market remains...
[Plus]
Demand for Property to rent in London Continues to Soar
Now is a generally good time to be a landlord in London.
Tenant demand is rising at a
rapid pace while the supply of residential properties coming into the market remains
historically low, pushing rents higher in the process.
The housing shortage is owed in part to the lack of new build homes coming onto the
market.
Residential property construction levels are at their lowest level since the 1920s,
and this trend is expected to continue for the foreseeable future.
Furthermore, tight mortgage lending conditions are denying many people the opportunity
to buy property, forcing them into rental accommodation instead.
Unsurprisingly, landlords are vying against one another to take advantage of favourable
market conditions and add to their property portfolios.
A study by independent researchers BDRC Continental revealed that during the first three
months of this year, landlords increased their portfolio size by an average of 1.
8
[Moins]
Tags
capital,
coming,
competition,
conditions,
demand,
homes,
increasing,
investment,
landlords,
london,
market,
means,
property,
rent,
residential,
rightmove,
year
