Thursday 22 June 2017

Alarming Decline in Homes for Rent

The UK property rental market has seen a worrying slump of 11.6% in available stock over the last six years. Scotland has seen the most dramatic fall, with a 34.7% decrease in available properties to rent between July 2011 and June 2017. In Wales over the same period there has been a fall of 28.1% while the South West has seen a decline of 26.5%.In total, seven out of 11 UK regions saw a fall in excess of the UK-wide average. This includes a decrease of 24.6% in the East Midlands, a fall of 20.8% in the South East and a drop of 16.7% in the West Midlands. The supply of available stock in East Anglia has dropped by 11.9% since 2011. Read more on the Housingnet website.

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