Renters to increase by a million over the next five years

iStock_000022387205XSmallDespite the efforts of the Government to encourage more people to buy their own home, new research has shown the number of renters is on the rise. The figures from high end estate agency Savills, have predicted a 21% increase in the number of people renting their home, equivalent to an extra million people, by 2018. In London, where property prices have risen significantly over recent months, the increase is set to be even higher, at nearly 25%. Six million renters According ...