Renting may be more attractive option in short term

young people finding deposits unrealistic and expensive
generation rent will relocate to boost their chances of buying.

London buying agent, Jo Eccles, from Sourcing Property has predicted that the Brexit vote will result in “more and more would-be-buyers opting to rent”, at least in the short term. She also commented that such a trend is predictable behaviour, especially at the high end of the market, given the current uncertainty. “When the buying market slows down, the rental market usually picks up, and vice versa”, says Eccles.


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