Manchester Property News
Rental market accelerates
Tom Simper
May 28, 2021, 11:00 AM
Tenant demand is rising substantially. For agents in the lettings market, the busy season is approaching.
Analysis of tenancy start dates based on data from the past 5 years indicates the market starts to accelerate in June, with nearly one third of all tenancies starting between July and the end of September.
The demand for rental properties increased significantly in the three months to April according to RICS, however new instructions remain low, supporting rental price growth.
Affordability, outside space and broadband are priorities for renters. 87% of tenants are keen to know running costs and 79% broadband speed; information is not always included in property marketing. (Dataloft, Property Academy 2020).
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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
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