The escalating cost of living has rapidly and significantly impacted the UK lettings industry.
- Agents are working to understand and adapt to new challenges and opportunities created by the cost of living crisis.
- Landlords are grappling with soaring interest rates and an overall increase in rent arrears, prompting some to exit the market altogether.
- Tenants are increasingly feeling the squeeze on their disposable income as rent prices and deposits rise while pay increases fail to match other rising living costs.
This has resulted in new trends emerging in the industry.
Download our free e-book today to ensure your business stays on top of the cost of living crisis.
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