Tenant demand in UK increases by 41%
A new survey conducted by BDRC Continental on behalf of Paragon Mortgages has found that 41% of investors in the private rented sector have experienced an increase in tenant demand in the third quarter of 2015. Other survey findings include the fact that one in ten investors report that they are currently enjoying yields as high as 10% compared with the average UK value of 5.6%. Also of interest is the prediction that 50% of 20 to 39-year-olds in the UK will be renting in the private rented sector by 2025.
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