Levenshulme and Burnage Property News
Rapid rents
Rental properties are finding a tenant quicker than ever before, with it on average taking 21 days to find a new renter.
The RICS residential survey reports accelerating tenant demand, as a net balance of +66% of survey participants reported a pick-up in August, increasing from an already strong reading of +58%.
Dataloft Rental Market Analytics show average monthly rent in the UK to be 11% above pre-pandemic levels, year to September 2021 vs year to September 2019.
For the coming twelve months, national rental growth projections have moved above 3% for the first time since 2016. Source: Dataloft, Rightmove, Royal Institute of Chartered Surveyors
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About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
T: 0161 441 0563
E: [email protected]