Dire short­age of rental prop­er­ties

Yorkshire Post - Property - - PROPERTY -

The UK is in dire need of good qual­ity rental ac­com­mo­da­tion, ac­cord­ing to a sur­vey at this year’s an­nual con­fer­ence for the let­tings in­dus­try.

The As­so­ci­a­tion of Res­i­den­tial Let­ting Agents (ARLA) con­ducted the poll to as­sess the state of the pri­vate rented sec­tor. More than half (58 per cent) of re­spon­dents high­lighted the is­sue of in­suf­fi­cient sup­ply of rental stock as the big­gest is­sue fac­ing the sec­tor.

Ian Pot­ter, op­er­a­tions man­ager at ALRA, says: “At the end of last year we high­lighted that a lack of prop­er­ties will be a defin­ing fac­tor in the hous­ing mar­ket in 2010 and our mem­ber agents across the coun­try have con­firmed this opin­ion as fact.”

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