Blog Post

The race to rent

Gill - Head Gillian Bell Jul 9, 2024, 15:00 PM

With peak rental season underway, homes to rent continue to be in high demand and are renting quickly. The median time on the market from listing to finding a renter is just 12 days meaning that over half of all homes are being rented in less than 2 weeks.

There’s a similar picture in all regions across the country but there are some properties renting even quicker than others. 1-bed flats are currently flying off the books most quickly in an average of 10 days, with 43% let in under a week.

This is likely to get even quicker over the next few weeks. In July and August last year, properties took just 10 days, on average, to rent. Source: Dataloft Rental Market Analytics by PriceHubble, Information Works. July 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

"Abbey was very friendly and helpful"

- Sandra

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

- Roberta

"If you need an Estate Agent who is going to really go the extra mile, Dewi is THAT person."

- James

"nothing written"

- Nadeeka Edirisinghalage

"Keep it up the good work. I thank you very much"

- Richard

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

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

- Amy

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

- Rachel