A Landlord from Shelford came into see me in my office
on Burton Street the other week and asked how much demand for rental property
there was in Melton Mowbray?
I told him that I had
done some research on the recent census results show the number of households
renting a property in Melton Mowbray increased between 2001 and 2011 by 127%! The figure has increased from 606
households to 1378 households in private rented property in Melton Mowbray. The demand for rental
properties continues to increase and the lack of new build developments in the
town limit the supply of family properties.
On a national level in the UK and locally
in Melton Mowbray, we are seeing a cultural shift in favour of renting property
rather than buying which looks set to continue into 2014 and beyond. The
figures show Melton Mowbray is a region of homeowners but the younger
generation are now choosing to rent rather than buy, so could this be the time
for you to become a landlord and take advantage of this growing market?
