UK suffering ‘severe’ shortage of rental properties, warn surveyors
0 Have your say The Government needs to direct its housing focus on the rental sector, which is facing a severe shortage of homes available to tenants, according to a leading industry group.
The Royal Institution of Chartered Surveyors (Rics) said the Government urgently needs to deliver almost two million new rental homes for families.
This is because the number of people renting is expected to rise by 1.8 million by 2025, as soaring house prices continue to make home ownership increasingly unaffordable.
However, Rics estimates that 86 per cent of landlords have no plans to expand their... read more
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