Blog Post

Reeling in a rental home

TomS - Head Tom Simper Apr 25, 2024, 12:00 PM

65% of properties placed on the rental market are being snapped up by renters within a week of being listed, with 15% being let within just three days, according to the latest Dataloft poll of subscribers.

The proportion let in a week or less has increased from 61% when the same question was asked in January. Less than 6% of properties are currently on the market for more than two weeks, compared to 14% at the start of the year, as the rental market springs into action.

Despite a 20% decrease in demand for rented homes over the past year, there is still significant competition, with more than 15 enquiries for every available rental property. Source: #Dataloft by PriceHubble Poll of Subscribers, Zoopla. April 2024

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I would like to thank Abbey for all her help and support she offered"

- Marie

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"A great company and great experience."

- Andrew

"Sean was really lovely on our inspection. Quick, easy and efficient. Thank you!"

- Roberta

"Very good estate agency"

- Junaid

"Sold a property, and Gill was amazing throughout the process!"

- Rachel