London properties fuel rental market boom
The number of properties available to let in the UK increased by 11.4% in Q2 2013 compared to the same quarter last year.
According to analysis by Experian, this increase represents five times as much growth as the sales market over the same time period. The rental market boom was led by London, which saw a 26.4% increase in properties being rented out to consumers in Q2 2013 compared to Q2 2012. Experian's research also shows there were significant increases at the higher end of the sales market with properties marketed between £250,001 - £500,000 and £500,001 or more " up 4% and 14%. "
If you would like help to secure a buy-to-let mortgage, call us on 020 7016 0790.
August 16, 2013
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