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

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

"Always polite, friendly and helpful."

- Kim

"Thank you so much I’ve now got a dream home"

- Lee & Morgan

"Anne is very helpful, professional and made my process very easy and straightforward"

- Gideon

"They help you a lot and always in contact when you need them"

- Denniss

"Friendly and helpful on the phone and in person"

- Stephen

"You have certianly made my time with you hassle free"

- Ria

"He's a credit to your company."

- Michael

"I would highly recommend to both tenants and landlords."

- Accordioni