Do you think that the market is saturated?
The word "Saturation" has been banded about in the Facebook forums loads recently and I have always stated that this is simply individual perception and that the rental market is strong and would only continue to grow.
Then as if by magic, online letting Agents "Zoopla" released a report today that confirmed my thoughts.
They report that the cost of renting has hit a three-year high and rents are accelerating through a lack of supply and increasing demand.
They go on to say that the average cost of renting a property in the UK during the final quarter of 2019 was £886 per calendar month, an annual increase of 2.6% and the highest growth rate seen in 3 years.
This is great news and confirms the rental sector is strong.
Grab a Brew and join me for this quick Market Update