Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Thursday, August 28, 2014

Leap in net migration brings more tenants to PRS

ONS statistics report a jump in long-term migration into the UK.
In the year ending March 2014, net migration was estimated to be 243,000, compared to 175,000 in the previous 12 months, and a long way from the Government's sub 100k target.

Most of these 243,000 new faces will look to the private rented sector for a place to live.

I'll let you do your own maths, but it doesn't take a genius to see that tenant demand is up, and will only increase for the foreseeable future.

I can hear the sound of hammering across the country as stud walls are thrown up. 

1 comment:

Paul Barrett said...

Yeah and the Treasury worrying how much more they will have to borrow to pay for all these useless unwanted migrants.
I refuse to take migrants.
Pity the UK infrastructure.
Chance of doctors appointments just got longer.
Vote UKIP and lets get out of the EU and leave these uncontrolled migration madness.