“Strong demand continues to outstrip supply, throughout the summer, for well-presented rental properties, with houses particularly sought after by many tenants. A much improved sales market has tempted some landlords to sell, whilst new landlords and those expanding their portfolios are finding the increased Additional Dwelling Supplement and higher asking prices make it ever more challenging to find properties which will produce healthy yields. As a result prices are edging up on the rental market, especially for houses. Significant competition amongst tenants is likely for prime rental properties during the autumn period.”
I am a Tenant Landlord