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UK Expat Landlords

UK Expat Landlords – Demand is high for quality rental properties.

Demand for quality rental property continues to grow in the UK, this year alone it’s grown by 7% against figures issued for last year.

The problem is now that supply of properties has fallen by 16% in the same period. On average for every quality property available to rent in a Town/City location 3 people are in competition for the occupancy.

As you can see this is causing great concern for prospective tenants. This applies across the whole of the UK, especially in the major Town/City areas.

On top of all these disturbing figures it is expected that the demand for rental properties is likely to increase well into 2025 and beyond. Although there has been a significant increase in first time buyers securing a property many still cannot raise the necessary deposit.

All this is very encouraging news for UK expat landlords. They are very unlikely to have good properties vacant at any time or not for long if they do.

Plus, with so much demand the long-term future looks very encouraging. Expat landlords have had so many setbacks of late, this news will be very welcome indeed.

Existing expat landlords are still seeking to increase their portfolios. Also interest rates still offer the opportunity for good long-term returns.

Many estate agents across the country are reporting a high demand for the “lettable property”. One agent in the Manchester area commented “demand is far out stripping supply at present and consequently rents are being driven upwards”.

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