Letting agents report ‘all-time high’ for tenant demand

Propertymark member branches have an average of 97 tenants on their books, up from 82 in April. It's the highest figure on record for the month of May, significantly higher than last year's 70.

"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.

A top estate agency has reported the highest number of new prospective tenant registrations in five years - topping previous records set in June and July this year.