The normal course of events in the rental market is changing, according to SpareRoom.

Matt Hutchinson, director at the company, explained that nowadays there is a huge demand for rented accommodation because people are unable to afford saving up for a deposit to get their foot on the property ladder.

"The natural cycle of things that we had five or six years ago is currently falling apart [as a result of this]," he said.

"The people who went into rental accommodation a few years ago and would expect to be buying by now aren't."

He added: "They are stuck in rentals which means that the inventory is tied up and not coming back onto the market."

His comments come on the back of a statement made by James Davis, chief executive officer at Upad, who shared the same sentiments.

Mr Davis believes that 2012 could be the year for buy-to-let.

SpareRoom was launched in 2004 as a national version of intoLondon.com, the first flat share site in London.

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