{"id":496,"date":"2011-07-16T10:23:40","date_gmt":"2011-07-16T10:23:40","guid":{"rendered":"http:\/\/www.anythingforhire.com\/news\/?p=496"},"modified":"2016-07-07T11:18:47","modified_gmt":"2016-07-07T10:18:47","slug":"property-rentals-in-high-demand-in-the-uk","status":"publish","type":"post","link":"https:\/\/anythingforhire.com\/news\/property-rentals-in-high-demand-in-the-uk\/","title":{"rendered":"Property rentals in high demand in the UK"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-497\" title=\"for-rent-sign\" src=\"http:\/\/www.anythingforhire.com\/news\/wp-content\/uploads\/2011\/07\/for-rent-sign.jpg\" alt=\"\" width=\"200\" height=\"188\" \/>Demand for property <a href=\"https:\/\/anythingforhire.com\/hire\/\">rentals in the UK<\/a> have reached a fever pitch according to a new survey which found that 74% of letting agents currently have more potential tenants than property available to rent.<\/p>\n<p>The credit crunch and the large deposits required by banks in order to be approved for a mortgage mean they few people are able to buy property and are being forced into renting in the meantime. In addition to this, estate agents are also reporting a shortage in good quality homes available to buy, which is pushing more people into renting as they bide their time before buying the right property.<\/p>\n<p>Research conducted recently by the Association of Residential Letting Agents found that the market for rental property had changed dramatically over the course of the last two years.<\/p>\n<p>The same survey conducted in 2009 found that only 10% of letting agents in the UK had more tenants than properties available, however that figure has now jumped to 74% across the country, while in London the picture is even worse with 82% of agents reporting a shortage of properties to the ratio of prospective tenants.<\/p>\n<p>This jump in demand for rental properties is likely to fuel a surge in buy-to-let properties as landlords attempt to cash in on the current call for houses and flats to rent. Letting agents across the UK are reporting a shortage in good quality rentals so investment in a residential property for rent is a wise investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand for property rentals in the UK have reached a fever pitch according to a new survey which found that 74% of letting agents currently have more potential tenants than&#8230;<\/p>\n","protected":false},"author":1,"featured_media":497,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[],"yst_prominent_words":[2362,1225,2721,1213,1724,1714,1330,2389,1715,1411,2269,3739,1133],"class_list":["post-496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-hire-rental-news"],"amp_validity":null,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/comments?post=496"}],"version-history":[{"count":1,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/496\/revisions"}],"predecessor-version":[{"id":1940,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/496\/revisions\/1940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/media?parent=496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/categories?post=496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/tags?post=496"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/yst_prominent_words?post=496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}