Why are private rented homes in demand in the UK?
There are a multitude of contributing factors mainly the uncertainty of the financial costs on mortgages as a percentage of monthly income, coupled with that of more costly energy bills the uncertainty and thus lack of financial flexibility discourages individuals to commit to rates as they are today. The rate of household savings is also slowed by cost of living increases restricting, we have successfully reduced the costs of utilities across out buildings and this work helps ease the costs to our residence.
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Why are private rented homes in demand in the UK?
There are a multitude of contributing factors mainly the uncertainty of the financial costs on mortgages as a percentage of monthly income, coupled with that of more costly energy bills the uncertainty and thus lack of financial flexibility discourages individuals to commit to rates as they are today. The rate of household savings is also slowed by cost of living increases restricting, we have successfully reduced the costs of utilities across out buildings and this work helps ease the costs to our residence.
Valuation Services provided by The Ringley Group
Meet our Expert Property Commentators