Rental Property Saturation in South Devon

I bring you rental news from the regions - South Devon to be precise.

A 'saturation point' has been reached due to a combination of the credit squeeze and the housing slump.

Agencies across the area are reporting an increase in the number of people renting their homes because they cannot find a buyer.

It comes as one agent in Teignmouth says there are more three to four bedroom homes available than there are tenants to fill them.

See full article here

Home insurer LV says nationally there has been a 56 per cent rise in properties available to rent in the last three months, with 86 per cent coming from homeowners choosing to let their properties rather than sell.

Your Darling Margo
Regional news reporter for The Property Hawk Regional Newsdesk - Now for the weather