Landlords may see an increase in the number of people looking to rent as demand for housing continues to outstrip supply.

The Royal Institution of Chartered Surveyors (Rics) said that house prices continue to rise - despite the number of properties coming up for sale seeing a small increase.

Strong interest from buyers was noted by the institution, as 28 per cent more surveyors saw an increase of potential purchasers.

In its UK Housing Market survey published December 15th, Rics reported that 35 per cent of chartered surveyors agreed that house prices were rising.

Rics spokesperson Ian Perry said: "Despite modest increases in the number of properties coming on to the market, it is clear that this is not significant enough to keep pace with the levels of demand."

He added that a further wave of interest could be seen in the new year as the UK expects to see fewer job losses.

This would add to the levels of demand on available property.

On December 2nd, Rics predicted a rise in rental price thanks to increased demand following the housing market boost.

Written by Sarah FieldADNFCR-2002-ID-19512721-ADNFCR

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