Blog Post

New tenancies in summer

TomS - Head Tom Simper Jun 10, 2024, 11:00 AM

As many start to think about the end of term and summer holidays, letting agents are gearing up for a busy few months. Around a third of all new tenancies for the year will start in the next 3 months.

On average, a third of new rental contracts start during July, August and September according to data covering 2016-2024 from Dataloft Rental Market Analytics by PriceHubble.

At this time of year, large numbers of rental homes change hands as graduates start new jobs, students arrive at university for the first time and others move in with friends.

The number of students applying for university or college in 2024 is 0.7% higher than 2023 and the second highest number on record which will further increase demand this year. Source: #Dataloft Rental Market Analytics by PriceHubble

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