Private rented sector expected to double by 2035

The private rented sector is set to more than double in size from a housing stock of 4.9 million properties in 2012 to 13.2 million by 2035, according to peer-to-peer lending company Landbay. With a growing population and life expectancies projected to continue rising, the strain on public services and demands for housing are likely to increase. John Goodhall, co-founder and chief executive of Landbay, commented that the UK is moving towards a European model of housing where home ownership sits comfortably alongside an equally aspirational population of tenants.

Read the full story on Mortgage Introducer

RentPro cloud based rental property management software for letting agents and landlords

You may also like...