With a recent news report stating that up to thirty people per rental property are now vying for the chance at each property, has the UK's biggest rental crisis ever finally appeared? In this show, Rob tells you everything you need to know
KEY TAKEAWAYS
Rents are increasing due to supply and demand imbalance. Some renters are spending months trying to find places to rent, and are fighting it out with groups of up to thirty other people.
The average number of enquiries about rental properties has more then than tripled from 6 in 2019, to between 20-30 in 2023.
The tumultuous property market and regulations have incentivised landlords to sell up. The amount of rental stock is decreasing.
BEST MOMENTS
'It's getting crazier and crazier to find a place to rent in the UK'
'Supply is much, much lower than demand'
VALUABLE RESOURCES
https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration
ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US
https://linktr.ee/thepropertynomadspodcast
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
