- Category: Sales & Lettings
- Published: Monday, 28 March 2016 21:54
The residential lettings market is both large and complicated, with a mixture of different interests and types making this up. It is also on the increase in the UK; therefore worth grasping what this actually means in the property management world and the knock-on effect on investors, landlords, and tenants.
So here are three particular aspects to be aware of:
1. The Private-Rented Element is Huge
It’s made up lots of players, and according to property consultant Savills, totals £1.2 trillion of UK stock, which is enormous when you consider commercial property forming £787 billion.
With it becoming increasingly more difficult for people to be able to afford home purchases through saving for a deposit and meeting mortgage criteria...Write comment (0 Comments)