6 May

Houses to rent in Plymouth to face high demand

Houses to rent in Plymouth to face high demand

Property to rent in Plymouth may continue to experience high levels to demand as a result of property market conditions.

The need for rental accommodation in the city is already boosted by its University population, with more than 30,000 students potentially signing for houses to rent in Plymouth.

According to Malcolm Harrison, this demand is set to continue due to the difficulties faced by those trying to secure a mortgage.

Speaking on behalf of Let Insurance Services, he stressed that people turn to private rented accommodation as it is more affordable.

"Every time we have a recession, or a near-recessionary period, the private rented sector is the white knight for the whole of the housing [market]," he explained.

With demand levels on the rise, now could be a good time for landlords to invest in property for sale in Plymouth.

Mr Harrison advises that although there is currently a "buoyant market", buy-to-let investors should still take care when acquiring tenant deposits and references.ADNFCR-1222-ID-800522925-ADNFCR

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