Rental market gets moving, with demand, supply & rents all rising
"Many renters that have been sitting tight are now looking to move," says Propertymark. The number of prospective tenants registered with letting agents is running at an all-time high, with a corresponding rise in stock levels.
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Tenant demand is catching up with rental supply in prime London
"It still feels like it’s more of a tenants market" in prime London, says Knight Frank's Head of Lettings, "but we are going into the busiest period of the year and I would expect supply to come down.
Tenant demand continues to outstrip rental supply in London
Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%
Prime London Market Snapshot: Rents roar while sales ‘return to normal conditions one step at a time’
"There has never been a busier lettings market at any time over the last 20 years," says Knight Frank's head of prime lettings, David Mumby.
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