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UK sees drastic fall in homes available to rent

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Since 2011 the UK has seen a significant drop in the number of homes available rent in the private sector, with an average fall of 11.6% over that time.


Almost every UK region, including London, has seen a reduction in available private rental stock with only the North East bucking the trend.


This speaks to how much the Private Rented Sector has expanded over the past decade. More people are renting than ever before and landlords can charge a premium for the best accommodation. The unaffordability of homes in the UK will only exacerbate this issue and renting in the long term will remain the only option for many people, especially those under the age of 35.