Demand is growing for rental properties
Demand for rental property has grown by a 7.4% against figures issued for last year a recent survey has highlighted.
The problem is now that supply of properties has fallen by 21% in the same period. On average for every quality property available to rent 4 people are in competition for the occupancy.
This situation is causing great concern for prospective tenants across the whole of the UK and especially in the areas bordering London.
On top of all these disturbing figures it is expected that the demand for rental properties is likely to increase well into 2019 and beyond. Facts are young couples are still and are increasingly finding it difficult to raise the deposits necessary to buy their own property.