Rental growth outpacing cost of living

Posted: 27/4/2019

home-167734_960_720.jpg

A recent report has shown that rental prices are up 3.8% accross the UK, compared with inflation which is 1.8% But why? Well it probably is due to the decreasing amount of rental properties on the market, which is after all government policy. The government have been trying very hard to force landlords out of the private rental sector with year on year tax rises. So now they are leaving, but the government's theory that all the renters will be able to buy their own properties hasn't seemed to work, and rental demand has increased whilst supply has fallen. Of course the industry did tell the government this would happen but did they listen?

Back to News

 Click here for a competitive quote for Landlords Insurance  property-ombudsman NI Tourism Certified Accommodation to Rent