24 Nov

More families renting now than ever

More families renting now than ever

There are now more families looking to rent homes than ever before, according to one expert.

Daniel Cox, sales director at WMP, said that the traditional lettings market demographic of young people and couples are being caught up by families, which means landlords are now diversifying their portfolios.

Families who are looking for houses to rent in Brixton will be relieved to know that there are now more private rental houses available, as the demand for flats dies down and landlords switch direction.

Mr Cox said: "There is more of a demand for proper houses at the moment than there is for flats. We have got quite a lot of families on the books that are looking for places at the moment and obviously a four or five member family is not going to fit in a two-bedroom flat."

Earlier in this week, there was further good news for prospective tenants, as the latest LSL Property Services figures showed that the rate of increase in rent had slowed for the first time since February.ADNFCR-1222-ID-801220582-ADNFCR

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