As rising house prices continue to push up the average buying age, more and more people are considering renting for longer. The scarcity of supply has resulted in the average rent price rising throughout the UK. In London, rents have risen to £1,757 which is 11.8% higher than in February 2021. *
The imbalance between supply and demand means that the Association of Independent Inventory Clerks is now requesting that the Government increase rental stock across the UK.
Now is the perfect time for new landlords to enter the market with the potential to make a good return while providing homes to those who need them.
Have you had a lettings valuation in the past, or are interested in booking one? You may be surprised by how much your rental could be worth.
If you’ve got an unoccupied property on your hands or are looking to buy a second, contact us to learn more about our bespoke services.
