Martin & Co has commissioned new special edition market intelligence reports focusing on our 30 years in the private rental sector.
These reportsexplore how the market has changed nationally, in London and in Scotland since Martin & Co's first let in 1986.
Key findings include:
However, the report paints a reassuring picture. Since Thatcher's Conservative government in the 80s the private rental sector has revolutionised the UK property market, and now stakes a claim as the 'norm' for the majority of younger (18-24) and mature (35-44) households.
Out of 380 UK districts, 355 have a private rental sector of at least 10pc of all households, of which a further 169 have at least a 15pc share of privately rented properties.
- A 135% increase in the number of private rented sector homes
- 346% increase in number of 35-44 year-olds privately renting
- 71% of 16-24 year-old households are privately renting, up 32% from 1986
- The Private rental sector doubled in size from 1986, to a fifth of the entire UK property market today.
- An expected 100,000-200,000 households per year, for five years, to move into the PRS.
