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Busiest time for rental market

Wed 01 Jul 2020

  • The rental market is about to enter its busiest time of the year. Analysis from Dataloft Rental Market Analytics reveals that 40% of tenancies are set to expire in July, August and September.
  • Usually the surge in activity is a combination of students seeking accommodation, graduates starting new jobs and families looking to settle into new homes for the next academic year.
  • Post lockdown other factors may influence homemovers; more green space, closer to friends and family and a home office.
  • With 14% of tenancies set to expire in July, 16% in August and 10% in September, agents look set for a busy summer, whether renewals or new tenancies. Source: Dataloft Rental Market Analytics and Dataloft Homemover Survey

 

 

"Ware & Co provide a highly competent and professional approach to the services they offer, which I have experienced as both a purchaser, vendor and landlord. The sale and letting of property is becoming more regulated and competitive, so it is refreshing to find a family run firm that offers value for money, personal service and has technically proficient staff. In particular, all the tasks involved with managing a let property (especially rent accounting) are undertaken within the office and there is no reliance on centralised administration or outsourcing of services. I appreciate their pragmatic approach to taking up references rather than relying on referencing agencies which is so common these days. Earlier this year I purchased a property through Ware & Co which they then let for me within a few weeks, and more recently I asked them to let and manage another property for a corporate Landlord, and they found a good tenant within a matter of days. "
Raoul Hewitt MRICS FAAV