Destination Services — UK housing marketing
There is still a supply and demand imbalance across England and Wales however we are seeing stock levels increase slowly. Although this is good news agents are predicting it will be a slow return to normal.
There are signs that the rates of rental increases are starting to slow in certain markets. Prices are predicted to fall by 10% over the next two years.
We are seeing the return of accidental Landlords in the London market. Due to the fall in house prices and increase in mortgage rates, some owners are opting to rent their properties. Although this increases stock levels most Landlords will want short leases (1 – 2 years) in order to sell the property once the sales market normalises.
How Santa Fe can assist you:
Please take into consideration that the above information is in accordance with current legislation, but Santa Fe can investigate all the different cases and can offer the best and compliant advice.
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