The private rental market is stabilising after two years of high increases. Even so, typical rents in the south west of England have risen 5% in the past year according to the SpareRoom website. It says that:
Recent rises have been put down to landlords quitting the sector, thus reducing supply. But new figures from mortgage lenders show there’s been an increase in the number of loans granted to landlords, suggesting the market is closer to equilibrium.
