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  • Property-a-holics

    Knight Frank | 5 key landlord trends to 2025



    Knight Frank have released a report that reveals five trends are set to dominate the private rented sector between now and 2025.

    The five key trends are:  

    + As demand for privately rented homes continues to grow - an additional 560,000 households are expected to be living in the private rented sector by 2023. This takes the total proportion of the housing market to 22%, up from 20.6% today

    + Knight Build-to-rent (BTR) homes are increasing, but starts that more are needed. There are currently 29,416 professionally-managed PRS units completed, and the current supply pipeline of BTR units under construction or in planning is 110,092.

    + Individual buy-to-let landlords are exiting the market – mortgage data shows that the number of new mortgages taken out by landlords has fallen over the last two years

    + Home ownership rate declines further – the proportion of households who are homeowners is declining (although the overall number of homeowners is rising, as the population increases.)

    + Increase in provision of social housing - provision of social/affordable housing will increase over the next five years as a response to looser lending rules for councils, new government funding for social housing and increased activity of Registered Providers in the land market in recent years.

    Nick Pleydell-Bouverie, head of residential investment agency, observed:

    It is crucial that the UK government resists further legislation and taxation and enables the PRS market to significantly contribute towards the UK housing challenge.”

    Full/source article 

    What do you think of these five key trends?

    SEE ALSO  -          Landlord confidence trends - curated

    UP NEXT -              3 key trends identified in lettings sector

    DON'T MISS -         Property market predictions for 2019

    NOW WATCH: 

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    "individual BTL LLs are exiting the market- mortgage data shows number of new mortgages taken out by LLs has fallen over the last two years"

    I am reducing the NUMBER of mortgages I have but keeping the same number of BTL properties, including adding to debt on one property to relieve expensive debt on another

    I am not taking out any NEW mortgages, but am re-negotiating or rolling over to new deals with existing mortgages

    Many LLs I know are seeking alternate financing outside of BTL mortgages; including commercial finance and personal lending

    So "Number of new mortgages taken out by LLs" may not be the best KPI for measuring individual LL actions

    But we'll see what happens in the next couple of years


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    if 560,000 new households will be wanting to rent by 2023 but there will (arguably) be fewer private landlords, does anyone expect the public housing increases to cover this, or will corporate landlords scoop up the bulk of the new tenants?

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