Free resources for property investors
According to the Office for National Statistics (ONS), the number of households who rent privately has risen by 61% in a single decade. The ONS data shows 2.8 million households renting privately in 2008, compared to 4.5 million in 2017.
Figures from Foxtons, meanwhile, show that intense demand from private tenants has carried on into 2018. The firm reported an average of just under nine registered tenants for every new rental listing – its highest ever level. 2018 renter registrations increased by 8% over the course of the year, when compared to 2017 levels.
With demand outstripping supply, there’s a strong case for investing in buy to let property in sought after areas – provided the sums stack up.
As a property investment company that is keen to support investors to profit from their property decisions, the Surrenden Invest team has created two new calculators as part of the company’s revamped website.