Is This The Beginning Of The End For Buy To Let In Warrington?

Posted on: 20 June 2020

Is This the Beginning of the End for Buy to let in Warrington?

Is This the Beginning of the End for Buy to let in Warrington?

…. and should Warrington landlords & Warrington homeowners be worried? 

In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented households in the 1980’s and 1990’s, when the proportion of private rented households was stable at around 9.5% to 10.8%.

Most of that growth in the private rented sector came in three main spurts. The first growth spurt was between 1999 and 2003 and that was caused when property values were increasing at 20% per annum, the second came from the migration of 1.69m people from the EU8 countries after 2004 and the final growth spurt came about because of the property crash of 2008/9. 

 

Read the full article here:  http://warringtonproperty.blogspot.com/2020/06/is-this-beginning-of-end-for-buy-to-let.html

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