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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.
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!
Generation rent: 35-49 year olds to rent 483,000 more homes in England & Wales by 2019: http://t.co/6xI9REdz1I pic.twitter.com/5CZuYXwGWf
— Savills UK (@SavillsUK) November 11, 2014
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