Is the UK returning to a predominantly rental property market?

[Nicholas Wallwork]

Over the last few days we have seen media coverage of a report highlighting the fact that there are more private rental properties than mortgaged properties in London today. This may well surprise many people especially in light of the 1980s which saw a massive increase in UK property ownership. There seem to be a

Click to Read The Full Story and Add you Own Comments to Continue reading...

 

[nmb]

It is no surprise that demand for rental property continues to grow in the UK. This was an issue even before the 2008 economic downturn but the ever-growing cost of property against meagre wage inflation has exacerbated the affordability problem. In what is becoming a self-fulfilling prophecy, as more people move to the rental market this increases demand from buy to let investors who require continuous additional capacity. Where will this all end?

 

[propertyvalues]

Predominantly, suggests that there are more renters than owner occupiers. Surely. That's not the case in the UK of you look at census figures and land registry data.