Premier League footballers
are running out of mansions to rent in the most exclusive areas of Cheshire, according to a
report in The Telegraph.
The report quotes Liverpool midfielder Alex Oxlade-Chamberlain who
suggests that top players are left “scrambling for a house” due to the high
demand for luxury rental properties – and often in competition with each other
to view and pay up front for the few suitable houses that become available. It
explains that the shortage is especially acute because footballers are looking
to rent, due to the transient nature of their jobs, but most of the suitable properties
are only available for sale.
Peter Higham of estate
agents Gascoigne Halman told the newspaper: “The rental market in Cheshire is competitive
because the owners of these large luxury properties very rarely want to rent
them out, usually opting to sell them.
“Footballers also tend to
want a very specific type of property – they want the modern technology, they
want the pool, the security and the large garden. You would not see the modern
footballer buying a 1930s red brick – they want it new and bespoke.”
As The Telegraph report takes something of an emphatic tone in drawing our attention to the plight of these unfortunate highly paid footballers it’s easy to forget that this is very much a first world problem. It’s also quite hard to understand why no enterprising Cheshire buy to let investor has not come up with a solution.
What is DealMakerz Prime?
In depth stories
Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.
High powered community
Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.
Exclusive guest articles
Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.