Demand for Rented Property Higher Than Ever

More people than ever are trying to find properties to rent in the UK, according to the Association of Residential Letting Agents (ARLA).

It says the number of tenants on agents' books has reached a record high.

A year ago, one in four agents say demand was higher than the number of properties available but that's now tripled to three quarters.

They say it's down to more people being forced to rent as they can't buy.

It means people are spending months trying to find a home and end up taking places with high rents or somewhere they don't want to live.

ARLA, the only professional self-regulating body that looks after lettings, is concerned people will be ripped off as independent landlords join the market, start renting out properties and try to exploit desperate renters.


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On the Market January 2015
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