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

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

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

"nothing written"

- Nadeeka Edirisinghalage

"Abbey was very friendly and helpful"

- Sandra

"A great company and great experience."

- Andrew

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

- Sophia

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

- Christian

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

- Gwen