Private Rental Stock Central Housing Group

Private rental stock accounts for forty per cent of available housing

A new study suggests that private rental stock now account for 40 per cent of the available housing stock.

Looking at the final quarter of 2018 the consultancy TwentyCi says nearly 60 per cent of all London listings on portals and advertising platforms were for private rental stock, compared with 40 per cent on average in all other major UK cities.

Birmingham 40% rental and 60% sale;

Sheffield 43% / 57%;

Glasgow 24% / 76%;

Newcastle 50% / 50%;

Manchester 50% / 50%;

Nottingham 42% / 58%;

Cardiff 40% / 60%;

Edinburgh: 23% / 77%;

Leicester 40% / 60%;

Bristol 37% / 63%.

In relation to London, TwentyCi says: “This is an ongoing trend in the capital, with affordability inhibiting the purchase market. The increase in the number of flats being built in [London’s] EC and NW postcodes has led some property analysts to speculate that supply is outstripping demand both in the purchase and rental sectors” it warns.

You can see the full report here.

Blog Post from Letting Agent Today

See details of our Guaranteed Rent Scheme here

If you have any comments, please email the author of this article and click on the link above

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Registered Office: Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN | Registered in England and Wales | Registered Company No. 3961047 | VAT Registration No. 752 6015 48


Social Media Auto Publish Powered By :
Google Rating
Based on 110 reviews