Blog Post

Sentiment in the rental market

Rebecca Galgut 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

"Would highly recommend Peter Anthony when selling your property."

- Gwen

"A great company and great experience."

- Andrew

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"Excellent service, quick to find tenants and organising final checks, no complaints so far!"

- Steve

"The staff at Peter Anthony could not have been more helpful. The team are well led by Gill."

- Steve

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

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

- Richard

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar