Blog Post

Rapid rents

TomS - Head Tom Simper Oct 8, 2021, 14:30 PM
244_Dataloft_Rapid_rents-01

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

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Jamie Dowd was my estate agent and he was absolutely incredible, couldn’t recommend him enough."

- Lyndsay

"He was amazing and really went above and beyond to get it over the line"

- Sam

"Professionalism, Quality, Responsiveness, Value"

- Susan

"Jamie was my main point of contact and was super helpful from initial viewings, trough the offers process to getting the keys."

- Paul

"Fantastic team and a fantastic company"

- Bradley

"The staff at the Salford office have been fantastic"

- Dominic

"would most definitely recommend using Peter Anthony"

- Ashley

"Dewi helped me throughout my property purchase and as a first time buyer made me feel at ease with any issues that arose and did his best to resolve them. Now happily moved in! Thank you"

- Kate