“Demand soars! Perhaps this is the most accurate summary of the 2021 opening quarter? Properties are snapped up in days, following a deluge of enquires with often multiple high calibre interested parties after the same house or flat. New supply is severely restricted as landlords who wish to enter the market, or expand their portfolio, are unable to compete with owner occupiers who may offer well over the Home Report value and are not constrained by the imposition of 4% Additional Dwelling Supplement. Conversely those landlords deciding to exit can achieve strong sale prices. After more than a decade of almost stagnant rents, prices are rising.”
I am a Tenant Landlord
