Rental sector predicted to grow

According to Ed Stansfield, chief property economist at Capital Economics the proportion of the nation living in rental accomodation could rise to 17% of households from the current 14% in the next 5 years.  This is up dramatically from the 10% at the begining of the decade.

The increase in number of renters is being driven by issues of affordability.

He expects house prices to continue to fall back to levels that make home ownership more affordable.

Landlord insurance - quote me good!