Rental Property Bidding War at Greg Howell blog

Rental Property Bidding War. Bidding wars for rental properties have become increasingly common amid a chronic shortage of supply. With renters in popular areas facing intense competition for homes, many are increasingly finding themselves pitted against. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars. Labour is planning to allow renters to bid “voluntarily” above the asking price on properties, in a move experts warn would undermine the party’s efforts to prevent. Almost four in 10 renters who moved into their home in the last year faced a bidding war to secure the property, a new poll has found. Adding to the pressure, the stock of available homes to rent in london — already insufficient to meet demand — is at risk of shrinking after just starting to recover. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars.

Adding to the pressure, the stock of available homes to rent in london — already insufficient to meet demand — is at risk of shrinking after just starting to recover. Bidding wars for rental properties have become increasingly common amid a chronic shortage of supply. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars. With renters in popular areas facing intense competition for homes, many are increasingly finding themselves pitted against. Almost four in 10 renters who moved into their home in the last year faced a bidding war to secure the property, a new poll has found. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars. Labour is planning to allow renters to bid “voluntarily” above the asking price on properties, in a move experts warn would undermine the party’s efforts to prevent.

Rental market bidding wars

Rental Property Bidding War Bidding wars for rental properties have become increasingly common amid a chronic shortage of supply. Adding to the pressure, the stock of available homes to rent in london — already insufficient to meet demand — is at risk of shrinking after just starting to recover. With renters in popular areas facing intense competition for homes, many are increasingly finding themselves pitted against. Almost four in 10 renters who moved into their home in the last year faced a bidding war to secure the property, a new poll has found. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars. Bidding wars for rental properties have become increasingly common amid a chronic shortage of supply. Labour is planning to allow renters to bid “voluntarily” above the asking price on properties, in a move experts warn would undermine the party’s efforts to prevent. That's because a shortage of available homes is pushing up monthly rents, deposits and leading to bidding wars.