'Surge' is a very dynamic word isn't it? But according to ARLA the rental market has seen a 'surge' in the supply of smaller new-build flats and maisonettes.
Ian Potter, Managing Director, ARLA said: “New build flats and maisonettes are often a very popular choice for landlords investing in a buy-to-let property, particularly in large cities. The low maintenance costs and perceived demand from young professionals are key considerations for many landlords. Because of the saturated sales market in many parts of the UK, we are seeing this kind of smaller new build property flood on to the rental market.”