Blog Post

Sentiment in the rental market

Emily - Head 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

"Service was great and highly recommend!"

- Ian

"I would highly recommend Peter Anthony and can't thank both Jenna and Cara"

- Sophia

"Jamie was always friendly and professional and we'd highly recommend him to anyone considering services from this agent. 5 Stars!"

- Mike

"I would recommend Peter Anthony."

- Katie

"Very professional and reassuring"

- Charles

"We have been very pleased with the advice and support offered by Jamie"

- Ian

"Gill was recommended to me by a fellow owner."

- Mike

"Thank you, for the amazing experience you have given"

- Laura