Residential Property Review August 2018

Reduced supply means higher rents over next five years

The Royal Institution of Chartered Surveyors (RICS) latest survey indicates that rents could escalate by as much as 15% over a five year period, as a ’perfect storm’ of diminishing supply of rental properties, combines with increasing demand from tenants. RICS estimate that rents will increase by up to 2% over the next twelve month period alone.

For full briefing click here. Residential Property Review August 2018