Nottingham Letting Agent Property Blog

A new report from Savills and Rightmove, called Rental Britain, is forecasting that 20% of households in the UK may be in rental properties by 2016. This means another 1.1 million rental homes would need to become available. The funding required to provide this many homes is estimated to be £200 billion, and just one quarter of this is forecast to come from buy to let funding.At the moment there are around 4.8 million homes in the private rental sector, whereas in 2002 there were just 2.5 million homes. The private rental sector in London already accounts for 27% of all...