The number of people looking to sell and rent back their home may well increase if new research from FindaProperty is anything to go by. Their figures revealed that February saw the number properties available to rent fell to its lowest point since November ‘08, resulting in a 1.2% rent rise, talking the national average up to £814pcm.
Ultimately, the rising house prices and falling rental properties creates a gap that leaves the ever-increasing number of people unable to buy without a housing option. On the plus side, those already renting are more likely to stay put as there are few options available for movement, this means a longer-lasting tenant for landlords.
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