Tenants Hit Hardest By Focus On Home Ownership

Tenants in private rented housing are bearing the brunt of the Government’s focus on boosting home ownership at the expense of the rental market. According to the latest figures from the Royal Institution of Chartered Surveyors (RICS), a fall in the supply of private rented housing whilst demand from prospective tenants increases is “likely to squeeze rents higher.” Tenant demand has picked up despite the Government’s efforts to boost homeownership and RICS notes that many respondents to its latest residential market survey saw a rise in the number of enquiries from new home buyers in July. Read more on the RLA website.

https://news.rla.org.uk/tenants-hit-hardest-by-focus-on-home-ownership/