Thursday, 18 July 2019

PRS Holds ‘Less Appeal For Amateurs’


With landlord yields on the up, PRS is stifled by government intervention and Brexit uncertainty with “less appeal for amateurs”, according to the latest Kent Reliance for Intermediaries’ Buy to let Britain report. The report shows the value of the £1.3trn PRS grew by £6bn in the last year, as the expansion of supply dwindled and property prices weakened in several parts of the country. Value of the average rental property has risen by 0.3% in the last year, with Brexit uncertainty gripping the wider housing market. Read more on 24housing.

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