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PRS now accounts for over 15% of housing in England (ARLA)

The buy-to-let concept has now become a key component in the growth of the UK's Private Rented Sector (PRS).

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PRS now accounts for over 15% of housing in England (ARLA)

The buy-to-let concept has now become a key component in the growth of the UK's Private Rented Sector (PRS). The average weighted rental returns for both flats and houses stands at around 5%, which is considerably higher than the savings returns that can be realised through savings or cash ISAs. ARLA data shows that 71% of landlords believe that renting is becoming increasingly popular, with demand continually outstripping supply. And the latest English Housing Survey shows that the PRS now accounts for over 15% of housing in England, yet this is still nowhere near the scale of its European counterparts.

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