Tuesday, May 6th, 2008
Renting Costs Could Increase due to Shortage
Although, UK house prices are falling, there is a concern that rented accommodation could experience a shortage.
The number of buy to let mortgages on offer has fallen significantly (40% fall), therefore, there is likely to be a fall in the number of available houses for rent.
Secondly, many first time buyers are seeking to rent rather [...]