UK property rental growing at the expense of sales market

Discussion in 'UK Property' started by Nicholas Wallwork, Oct 20, 2016.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    Countrywide, the U.K.’s largest estate agency chain, has today issued a report suggesting that the number of properties rented in the UK will outstrip the number of property sales in 2017. This would be a phenomenal turnaround in the UK market which has predominantly been a sales lead market until recently. There would appear to

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  2. Under normal conditions this should be a short-term phenomenon but when you bear in mind the ever-growing cost of UK property, could this be the long-term picture? Let’s not forget that until just recently countries such as America were predominantly rental as opposed to property purchase.
     
  3. O Andrew

    O Andrew New Member

    This is really tremendous change in property world.
    Will this effect on UK's economy?
     
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