A recent study carried out by the National Association of Estate Agents (NAEA) has found that property that is being rented in the UK totals £500 billion.
Now, another recent report confirms this astronomical amount, with the UK renting sector for all properties now surpassing that of privately-owned commercial property.
According to NAEA, £500 billion rented property value far exceeds the total worth of private commercial property such as shops, offices, hotels, warehouses, factories and leisure facilities.
In “The Modern UK Housing Market - Origins and Prospects” report, it is speculated that rentals are expected to rise by 10 and 15 percent in 2008 and by next year. NAEA states that the private-rent sector is significantly helping to steady the housing market, because borrowers who are struggling with rising negative equity are being accommodated.
NAEA reasons that, in the long term, house prices will “almost certainly” increase faster than commercial real estate prices. They state that as living standards rise, consumers demand more housing, although commercial property is more responsive to demand than housing supply.
Sell and rent back of property has been gaining popularity in Europe since the sudden reduction in the availability of loans. Sell and rent back is the easy way to release equity in a property without actually moving out of the house.
MPG Investments, a leading UK property buyer, offers UK homeowners a sell and rent back selling option. At MPG, we will buy your property and then rent it back to you – all within the space of a week.
MPG offers the perfect solution for homeowners who want to join the renting sector and not worry about what is happening in the property market at the moment. Homeowners can contact MPG Investments on 0800 634 9231 to find out more about our Sell and Rent Back solution.
Sell and Rant back landing page:
- Sell and Rent Back
- The benefits of sell and rent back
- Sell and Rent Back Property- The 7 day miracle
- About the Sell and rent back philosophy
- Sell and rent back - Who should consider this option?
- A step-by-step guide to sell and rent back
- MPG's Sell and rent back Option
- Top 10 Reasons to Choose MPG's Sell and rent back Option
- Sell and rent back your property within 7 days!
- Sell and rent back: The best way to keep an even keel
- 10 Reasons to Sell and rent back
- Are you in a tight spot - Sell and rent back
- Sell and Rent Back property: The sound financial solution
- The advantages of Sell and Rent Back
- Avoid seller’s remorse with Sell and Rent Back
- Have you considered MPG’s offer to sell and rent back?
- 5 Sell and rent back scenarios
- Contact us
