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Tag: Property Market Outlook

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Quarter of UK Households will be Private Rentals by 2021

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A recent report predicts that a Quarter of UK Households will be classed as Private Rentals by the end of 2021 That amounts to almost 5.8 million households being Private Rentals; an increase of 2.4 million since 2011 One in four household will be private rentals by the end of 2021, as house prices continue to soar, wages stagnate and the cost of living continues to increase. Five million Private Rentals At the moment, about five million households are classed as being privately rented (or 21% of the total residential properties in the UK); a quarter of these are families…

What is the Property Market Outlook for 2017

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What is the Property Market Outlook 2017? Don Holmes, the Managing Director of Go Direct Lettings ask this question and more here. Hi, In the first-place Happy New Year and welcome, as if you are reading this you are also visiting our Brand-New website. There have been many predictions by many different commentators about what to expect in the property market during this year, of course much of it is bull, guess work and unfounded speculation, as the recent bank of England’s change in the UK economic growth predictions have indicated, changing its 2017 predictions from 1.2% to a full...