Rightmove has released the latest statistics on the private rented sector in their Q3 Rental Trends Tracker. As rents continue to rise for the 15th consecutive quarter, we have to step back and take a look at affordability and the sustainability of such prices vs. wages and income. With demand remaining high both nationally and on a local level, we are crying out for more rental properties to feed the demand. Check out the full report below.
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https://www.lancasterpropertyblog.co.uk/wp-content/uploads/2023/10/Rental-Trends-Tracker-Q3-2023-FINAL-1.pdf
