Tuesday 23 November 2010

Lack of rental properties could drive up prices

Housing Rental Market

Property rents continue to rise steadily across most of the UK and by Spring 2011 we are likely to see monthly rents reach their peak of April 2008.

Over the coming months, the housing rental market is likely to start highlighting the devastating lack of properties in the market. While people have 'stayed at home' for a few years following the recession, the next few years people will want to rent or buy. Due to a huge lack of funding for buyers and investors, there just won't be the stock available and inevitably this will drive up prices.

Lack of rental properties could drive up prices

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