Blog Post

Friday on My Mind: Tenancy Start & Completion Day

TomS - Head Tom Simper Jul 12, 2022, 12:00 PM
280_Dataloft_Moving_day-sales

Friday remains the most popular day to complete on a house or start a new rental tenancy. 40% of all property sales over the past year have completed on a Friday and a quarter of new rental tenancies were started.

While this may come as no surprise, the proportion of sales completing on a Friday is lower than five years ago, the figure then was 48%. This past year has however seen Christmas Eve, New Year's Eve and the Queen's Platinum Jubilee Bank Holiday fall on a Friday.

280_Dataloft_Moving_day-lettings

With finance transfers less of an issue in the rental market, 20% of new tenancies have started at a weekend.

10% of all new tenancies started over the past year have been on just ten specific dates in the year. These dates all correspond with either the start or the end of a month. Source: Dataloft, DRMA, Land Registry, based on sales and new tenancies started over the past 12 months

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

"Very good estate agency"

- Junaid

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

- Christian

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope

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

- Delar

"nothing written"

- Nadeeka Edirisinghalage

"I would like to thank Abbey for all her help and support she offered"

- Marie

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

- David

"As a tenant, this might be the best agency I've worked with so far."

- Jeddy