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

"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.

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.

"The scale of change we’ve seen over the course of the pandemic means this shift [back to urban life] isn’t going to happen overnight," says Rightmove.