Rental market accelerates

In this short article we take a quick look at the acceleration of rents across the private rental sector

Tenant demand is rising substantially. For agents in the lettings market, the busy season is approaching.
Analysis of tenancy start dates based on data from the past 5 years indicates the market starts to accelerate in June, with nearly one third of all tenancies starting between July and the end of September.
The demand for rental properties increased significantly in the three months to April according to RICS, however new instructions remain low, supporting rental price growth.
Affordability, outside space and broadband are priorities for renters. 87% of tenants are keen to know running costs and 79% broadband speed; information is not always included in property marketing. (Dataloft, Property Academy 2020).

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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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