Main image: Knight Frank's Juliet Hill
PCL lettings market ‘beginning to tip in favour of landlords’
The number of new prospective tenants to every new rental listing was 4.9 last month, according to Knight Frank, the highest ratio in more than ten years
What to read next
PCL lettings market on the turn as supply levels ease
Average values have now fallen by -4.6% on an annual basis, reports Knight Frank, but demand is building just as supply levels start to slow...
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PCL has ‘turned into a landlord’s market in recent weeks’, as tenant demand surges by 73%
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.
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Supply shortage hits the prime lettings market
“There’s a supply crunch coming down the line in prime lettings markets this summer," warns Knight Frank, while Savills tells of a "fundamentally undersupplied" market in the Home Counties.
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