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TheMoveChannel.co.uk | UK Property News

UK continues to join the renting revolution as prices stabilise

Photo credit: Myxi

According to the latest findings by the Association of Residential Letting Agents (ARLA), the cost of renting property in the UK appears to be levelling out. Despite the huge demand for rental property and reports of rising rents across the UK, research suggests that the amount of rent being charged is beginning to stabilise. Explaining that reports of significant rental increase have fallen, the ARLA attribute the recent stabilisation to an increase in haggling amongst other factors. The stabilisation of rent prices could potentially lead further people to turn to the lettings sector where demand for property already continues to outpace supply. So why has renting become so popular?

What are the benefits of renting a flat?

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