Almost a quarter of households to be renting by 2021

Posted: 28/6/2017

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The proportion of households living in the UK’s private rented sector will rise to 24% by 2021, according to new research by Knight Frank.

Knight Frank believes that across the UK, there will be 5.79m households living in private rented accommodation within five years – up from a figure it puts at 5m today.

They say that the boost will be largely as a result of "build to rent". The figures are interesting as other experts have said that it may reduce due to the government trying to "out-tax" landlords from the market. Time will tell.

If you are interested in investing in a buy-to-let property, get in touch for some free, no obligation advice. Key One Property 028 9045 6162 (24 hours). Or go to the Contact Us page on our site.


 

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