With recent figures suggesting that property buying enquiries have increased, the head of sales for Fish4homes has suggested this shows more people would like to buy than rent a home.

However, Stewart Black does not think this is going to leave private landlords lacking business.

The property website representative said that more interest in the property-for-sale market will not necessarily result in a decline in rented home volumes.

"If the number of assured short-hold tenancy is declining, then rental property availability will remain high,"he explained.

Mr Black's comments come after UK and Ireland country manager for EasyRoommate.com, Jonathan Moore, predicted that average rental prices in the UK will rise in the second half of this year "as the supply-demand balance begins to level out".

Homeowners who recently put their houses on the rental market to make money during tricky economic times are beginning to consider selling up, he added.

Written by Mark Garner
ADNFCR-2002-ID-19212301-ADNFCR

Related posts:

  1. Northern Ireland property values tipped to fall
  2. New rental market survey published
  3. Rental market set to slow in 2009
  4. Market slowdown drives rental market
  5. UK rental sector ‘becoming crowded’

Leave a Reply

You must be logged in to post a comment.

HOME