Landlord demand drops
Original Article Summary
The number of landlords looking to buy properties has dropped, the UK Residential Survey from the Royal Institution of Chartered Surveyors has found. In August a net -37% saw landlord instructions fall, the steepest reduction since April 2020. Due to this lack of new rental supply, RICS predicted for rents to rise by around 3% […] The post Landlord demand drops appeared first on PropertyWire.
PropMatch Curated Analysis
RICS data shows landlord purchase activity fell by net -37% in August, the steepest decline since April 2020, leading to reduced rental supply and predicted 3% rent increases over the next year.
Investor Relevance
Signals reduced competition for acquisition opportunities but also indicates supply constraints that support rental growth - key for investment timing decisions and yield projections.
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