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Rental Supply Triples For 2nd Straight Month

New rental listings increased by 6.8% in the UK in November, the second month in a row of positive growth, with almost 60% of towns and cities seeing a rise, the latest data shows.

Four cities recorded triple digit increases in new rental supply, including Bristol which was up 162.7% compared to October but London recorded a fall of 1.2% in new buy to let properties on the market.

The data from property crowdfunding platform Property Partner also shows that the three other cities with triple digit increases in rental supply were Southampton, Portsmouth and Huddersfield, up 108.2%, 102.8% and 101% respectively.

Other locations with rises included Bath up 96.1%, York up 91.6%, Coventry up 77.2%, Exeter up 71.4%, Plymouth up 54.5% and Loughborough up 50.2%.

The data also shows that there were significant

By |December 9th, 2016|Categories: Property News|0 Comments