For decades, if graduates were asked what they were looking to do in relation to their living arangements after leaving university, a majority was looking to get their feet on the property ladder and buy as soon as they could.
Now, with asking prices rising again and mortgages still hard to get for many young professionals, renting seems to become a longer-term solution. At the same time, landlords are looking to increase their portfolios and the UK rental market in general has had a strong start to 2012.
What does it mean for you? Whilst it may take a few more years to own your own home there will be a good selection of high quality rental properties available. With more landlords expanding their portfolios, too, tenants will have more choice and, naturally, the quality of rental properties will increase at the same tim, making renting a good longer-term option.
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