Lettings

Chestertons has seen tenant demand soar by 55% over the last year, while the number of properties available to rent has plunged by 58%.

House prices "are expected to continue to climb higher over the year to come," says the RICS, "albeit the pace of increase is likely to subside somewhat in the months ahead."

"This unprecedented rate of growth is driven by the post-lockdown reopening of cities, and a return among tenants to the city rental landscape," says Zoopla.

More than half of properties sold over the summer had three or more bedrooms, reports LonRes.

Enquiries to letting agents about pet-friendly rentals has jumped by 120% since last Summer, says Rightmove, while London estate agency Chestertons says that about half the phone calls it receives are…

"Many renters that have been sitting tight are now looking to move," says Propertymark.

There were deals to be had last year, says Chestertons, but those now looking to secure a discount are 'facing a race against time'

‘The tide has now turned’, declares Benham & Reeves, as values bounce and stock levels decline

Hollywood stars and their production teams are an increasingly important source of deals, says Knight Frank.

Rental homes are "increasingly being used as a stop-gap by house-hunters faced with a lack of stock to buy," says Hamptons' research chief, Aneisha Beveridge.

£2.35 billion of capital was invested in the first six months of 2021.

“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”