THE UK’S HIT WITH THE LOWEST LEVEL OF RENTING STOCK!

Posted on 12 December 2019

THE UK’S HIT WITH THE LOWEST LEVEL OF RENTING STOCK!

The data shows that across the UK’s major cities an average of just 33.2% of all stock listed is to let rather than buy, while across London’s boroughs this increases to 37.1%.

The worst served city for rental stock is Newport in Wales where just 13.5% of properties listed are to rent, with Bristol the second lowest and lowest in England at 15.8%, closely followed by Glasgow at 16.4% as the lowest in Scotland.

Belfast ranks as the city with the fourth lowest level of rental stock at 16.8%, with Plymouth completing the top five at just 24.9%.

 

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