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Government finally admits it – there aren’t enough homes to rent

It appears that the government has finally woken up to the fact that there are too few rental homes to meet demand as a result of landlords quitting because of high tax and red tape.

In a letter to the Levelling Up, Housing and Communities Committee, the junior housing minister Felicity Buchan writes: “I recognise that demand is currently outstripping the supply of properties available to let.”

This comes against the backdrop of figures from Zoopla which show that so far this year, compared with the five-year average, the demand for private rented housing in the UK is up 142 per cent, whilst the supply of such homes has fallen by 46 per cent.

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