With that price ratio wouldn’t any landlord just remodel each 3 bed house into 2-3 studio flats and rake in £1,000-£1,500 per month instead?

Listen, to the people who have these ideas The more you bitch about what you do and you’re probably the type demand a fair modern decor of furniture and accessories well guesss what buttercup that neeeds paying for by you The free standard of living from a landlord out of his own pocket is reserved for family members not you

You should go find a 3beds house, and use that house price to find a mortgage… then you will understand how much it costs to the landlord so that they can provide a house to tenants. I left the market as there is nothing left after the rentals pays the mortgage, and every few months the tenant gave me headaches breaking everything. But I guarantee as more landlords exit the market the rents will only go further up.

One bedroomed flat in Northumberland is £380 pm .Depends on the area .

Fuck me someone gets her the noble prize award for economics. She's just solved the housing crisis

Really ? How’s that then ? Lol

Btw: Also think about the impact of Airbnb on the rental market. Airbnb enabled more short term holiday lets, this restricts supply & that pushes up prices. Airbnb are allowed to offset mortgage interest as an expense, landlords of long term lets can’t do that. Would you set limits on holiday lets as well? Also, what exactly is your problem? Can you not afford rent or to buy at property or both?

I’m buying a three bed semi in Yorkshire. My mortgage will be £1115 per month.

Would you still say so if youre the landlord

Rent depends on value and demand