Rapid rents

In this speed read we take a quick look at the rise in rents over the last 12 months and the expectation for the next 12 months

Rental properties are finding a tenant quicker than ever before, with it on average taking 21 days to find a new renter.
The RICS residential survey reports accelerating tenant demand, as a net balance of +66% of survey participants reported a pick-up in August, increasing from an already strong reading of +58%.
Dataloft Rental Market Analytics show average monthly rent in the UK to be 11% above pre-pandemic levels, year to September 2021 vs year to September 2019.
For the coming twelve months, national rental growth projections have moved above 3% for the first time since 2016.
Source: Dataloft, Rightmove, Royal Institute of Chartered Surveyors

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Percentage of Private Rented in Attleborough

Something significant is shifting on our streets, and most people have not noticed. Nearly one in five UK homes is now privately rented, quietly reshaping communities like Attleborough. Who is driving this change, and what does it mean for prices, demand, and neighbourhood life? The answers may surprise you.

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