A shortage of properties available to let continued to push rents higher during the second quarter of the year, research has indicated. The ongoing problems in the mortgage market, combined with concerns that house prices are falling again, have led to increased numbers of people looking to rent a home, the Royal Institution of Chartered Surveyors (RICS) said. But despite interest rates being at a record low, making investing in property attractive, landlords are continuing to face problems getting a buy-to-let mortgage. The group said this led to the number of homes available to rent remaining low, with supply falling for the fourth consecutive quarter during the three months to the end of June. Read more on 24dash.
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