Blog Post

Sentiment in the rental market

em 2 crop Emily Utratny Apr 22, 2021, 15:00 PM
204_Dataloft_inform_Insight

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

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

"We’re really happy with the service we received from the team at Peter Anthony."

- Laura

"Excellent service. They were fast and very friendly."

- Nikolay

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

- Paul

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

- Lyndsay

"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

"We were kept informed every step of the way and they were both proactive in dealing with solicitors to keep things moving."

- Dave

"Had a great experience with Peter Anthony Salford branch, in particular Vicky"

- Holly

"very good agency with a kind people that take care of you and your property"

- Jan