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Tuesday, November 11, 2014

Demand for PRS property set to grow and grow

The credit crunch, stricter lending regulation and rising house price continues to evolve the make up of the UK residential property market.

A generational divide will see continued growth in private renting, as both the under 35s, and the 35-49 year olds increasingly become a 'generation rent according to Savill research forecasts.

In their new bit of research,  The Shifting Sands of Homeownership, Savill's forecasts that the UK's 35-49 year olds will require an additional 483,000 more homes to rent in England & Wales by 2019.

So landlords, you need to get buying - your country needs you!

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