Should you Rent or Buy in Oxfordshire? In this article we’ll cover the benefits and downfalls of both and what you need to ask yourself to make this decision.
The pandemic shocks to the U.K. are showing up in all manner of ways. But one of the hardest to resolve will be the red-hot residential rental market.
With more than 28 applicants circling each property available for rent — an all-time high according to Propertymark, the membership body for property agents — this is a dysfunctional marketplace. Estate agents have an average of only five properties to offer, and some branches have none at all. Rents across the U.K. have surged more than 10% over the past year as pandemic restrictions have fallen away. So, should you Rent or Buy in Oxfordshire?
To answer the question ‘Rent or Buy in Oxfordshire?’, we can’t give you a definite answer. It’s completely situational and one may be a lot better for you right now. IMS Property Solutions can help with both.
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