Landlords 'will fill UK housing gap'
As housing continues to become increasingly unaffordable for many Britons, the country is likely to become more reliant on private rented landlords to close the gap in the housing market, it has been suggested.
The British Property Federation (BPF) claims this is because there may not be enough homes available to cater for those who do not qualify for social housing but who can also not afford to buy.
Due to this, the group is urging the government following the general election and councils to support private landlords and encourage such housing.
Ian Fletcher, BPF director of policy, said: "The flexibility the [rented] sector provides for those who found themselves in mortgage difficulty, or having to move to find new work, or getting a better home for their family than they can afford to buy has been absolutely crucial to the wellbeing of our people and our economy."
Such comments may prompt Britons to look for flats to rent in Islington or elsewhere in London.
Renting a home could be more affordable than buying, particularly after Halifax revealed that in the last decade the average house prices has doubled.
Written by Ben Carter
Published 27th January, 2010
© 2010 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
Private rental landlords could be the key to filling the UK's housing gap, it has been suggested, in news which may interest Britons looking for property to rent in London.