Investment in the UK’s private rental sector (PRS) will soar to £75 Billion by 2025, with an additional 560,000 households expected to be in private rented accommodation by 2023, according to the latest tenant survey report by Knight Frank. With changes to buy-to-let taxes, a significant decline in buy-to-let mortgages and the fight for young families or first-time buyers to get onto the property ladder, the significant growth of the PRS comes as no real surprise. The rental demographic has shifted The Knight Frank report has unveiled an interesting demographic shift for the PRS, where young professionals, aged 25 – 34, are no longer the most prevalent group. Instead, those aged 35 – 49 are now […]