Sentiment in the rental market

In this quick read article we take a look at the rental market based on the findings in the RICS March Survey

The RICS March survey, gauging the mood of agents, showed continued improvement in the lettings market.
Tenant demand has continued to increase, with a net balance of +36%. In contrast, landlord instructions continue to fall, with a net balance of -25%.
The imbalance between demand and supply has put upward pressure on rents. +47% of agents report positive rent expectations, with rents expected to increase by just under 3% over the next 12 months.
According to Dataloft Rental Market Analytics, the average monthly rent in England (excl London) is £818, and £1,712 in Greater London. 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

NEW REDUCED PRICE 2-Bed Modern End Terr. House which Must Be Seen in Attleborough - No Onward Chain!

Don't miss this opportunity to own this stylish 2-bedroom house in Attleborough located at the end of a cul-de-sac with allocated car parking, featuring a modern fitted kitchen with built-in oven hob and hood, modern bathroom, an open plan living room/diner, and a fenced garden. No onward chain!

CLICK HERE >