Information agency Experian has reported that the number of rental properties put on the market in 2011 was 692,766.
The figure was up by 58,000 on the year before, while the number of resale properties for sale dropped by 12,000 to 769,077.
Experian additionally states that 20% of all UK rental properties last year were in London, which also had 10% of housing for sale. The South-West had the highest percentage of properties for sale at 12.2%, whilst Wales and the West Midlands had the biggest increase in available letting properties, with a 20% rise in numbers compared to 2010.
Paula Cunningham
Co founder director
Living Property Waveney Lettings & Property Management
http://www.linkedin.com/pub/paula-cunningham/37/6b1/430
If you are thinking of investing in residential property to buy-to-let please contact Living Property on 0845 459 4095 or info@livingproperty.co for more information www.livingproperty.co
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Be practical enough and try rental business. South West Holiday Lets are really soaring in the market. Many holiday goers are keen in staying at holiday homes now.
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