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 our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

The British property market is busy, yet busy does not mean easy.

The property market remains active, but more homes for sale means buyers have greater choice and higher expectations. For Attleborough homeowners, a successful sale now depends less on simply listing a property and more on getting the pricing strategy right from day one.

CLICK HERE >

Thinking of Selling This Summer?

More homes are competing for buyer attention, so sellers need more than a hopeful asking price. A smart launch, realistic valuation and strong presentation can help attract serious interest.

CLICK HERE >

82 Days to Sell an Attleborough Home… Unless You Get This Wrong

Selling a home in Attleborough is not just about price, it is about timing, strategy and momentum. Homes here take around 82 days to find a buyer, with flats slower and bungalows faster, but averages hide a more complex picture. Pricing and presentation often decide everything. Click to learn more...

CLICK HERE >

Under 35 yo’s Generation Rent. Not Quite Anymore

The "Generation Rent" narrative is shifting. New data shows under-35 homeownership jumped from 31% to 42% in a decade, while it actually fell for those aged 35-64. While affordability is still a hurdle, the dream of owning a home is far from dead for the youth. Is "Generation Rent" getting older? We explore the changing property landscape.

CLICK HERE >