Gen­er­a­tion ‘forced into rent­ing’

Yorkshire Post - Property - - PROPERTY -

The buy-to-let mar­ket is con­tin­u­ing to ex­pe­ri­ence un­prece­dented lev­els of de­mand. The num­ber of ten­ants seek­ing rental prop­er­ties has reached an eight-year high, ac­cord­ing to the As­so­ci­a­tion of Res­i­den­tial Let­tings Agents.

Ian Pot­ter, op­er­a­tions di­rec­tor of ARLA, says: “The mar­ket has bounced back in a way that no one could have pre­dicted.

“More than 70 per cent of our agents have stated that con­sumers com­ing to their of­fices are be­ing forced to rent be­cause of the pres­sure ex­erted on po­ten­tial home buy­ers.

“This is real ev­i­dence of a gen­er­a­tion forced into rent­ing.”

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