Anna comments on the three-pronged problem in the private rental sector for Financial Times Adviser

• The problem of affordability: – Average house prices are more than 10 times average household incomes. This problem is at its worst in high-demand areas such as London, which have always been expensive.

• The problem of falling supply: – With 168 laws and regulations governing residential property and its management, small landlords are re-evaluating, with many selling up, resulting in a shrinking in the supply of private rental homes.

• The problem of quality: – The government’s latest English Housing Survey reveals that over one-fifth of private rental homes are deemed “non-decent” and contain category one hazards including mould growth, asbestos, and lead poisoning.

Click the link below to read the full article:

https://www.ftadviser.com/investments/2022/10/17/private-rental-sector-could-become-new-darling-of-institutional-investors/