3 factors that will drive up rent

According to ARLA the number of properties being managed per branch has dropped year on year, from 193 to 183.

3 factors that will drive up rent:

1. For those investors that have purchased since the stamp duty deadline they will be looking to offset the difference in what they paid against an increase in rent.
2. If ARLA is correct and the the number of properties per branch has dropped that will also lead to increased competition that will also drive up rental figures.
3. If,  as some expect, investors will go into hibernation over the next few months as they have brought their purchases forward, that will also mean fewer rental properties coming onto the market, again leading to an rental increases.

If the government did this in part to support first time buyers, they are certainly having the opposite effect on the the ever growing rental market. This will ultimately hurt tenants while landlords will continue to benefit from market conditions.