Agents' view on the rental market

In this short article we take a quick look at Lettings Agents views on the market

The August sentiment survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in the lettings market. Tenant demand has continued to increase and short-term rental growth is expected.

Tenant demand has continued to rise sharply following a large decline during lockdown. A net balance of +49% of agents report an increase in tenant demand in August.

New instructions to let property remain flat, a continuation of the pre-lockdown trend. Supply levels have been constrained since September 2016.

Increased demand and low supply means that agents are expecting rents to rise in the short term. A net balance of +31% of agents expect rental growth over the next 3 months, a similar percentage to pre-lockdown. Source: Dataloft, Royal Institution of Chartered Surveyors

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

A Perfect Canvas To Create Your Dream Home In A Picturesque Village Location

Nestled in the picturesque village of Great Hockham, this charming four-bedroom, non-estate detached chalet offers a perfect blend of comfort and convenience. The ground floor boasts a spacious bedroom complete with an en-suite bathroom, ideal for guests or single-level living.

CLICK HERE >

Are you thinking of moving house to get into the right school catchment?

If you are a parent of children aged 3 and 4, you will be making school decisions right now, ready to start in September 2025. It's an important stage in your child's life and education and can be a source of concern for parents. Read on if you are considering moving house to get into a good school.

CLICK HERE >

EPC Ratings By Region

A quick overview of the percentage of homes in twelve UK regions that have attained top Energy Performance Certificate (EPC) ratings of A, B, or C.

CLICK HERE >

Understanding AML Checks: What Every Homeowner Should Know

Buying or selling a property is a super exciting time but it can soon be ruined by the seemingly endless red tape and providing copies of ID, but there is an important reason, this article explains it all.

CLICK HERE >