Rental Properties Are Going Fast

Tue 03 Aug 2021

Heather Revitt FARLA, Partner

Are you looking to rent a home right now? If so, you’ve probably noticed how quickly rental properties are being snapped up, especially those with outdoor space.

With lockdown restrictions continuing to lift over the past few months and more people looking to move, we’ve seen homes being let out quicker than ever before.

We are currently receiving record numbers of enquiries when a property is put onto the market.

This has pushed up the average asking rent across the UK, excluding London, to over £1,000 per calendar month for the first time.

This is likely fuelled by some tenants signing longer leases last year and also perhaps by a rush of people who chose to move back in with family last year, who are now making plans to rent again and in many cases starting to think about their new daily commute.

If you’re starting to look for a rental home right now, our advice is to be as prepared as possible. From getting your documents ready for reference checks, to planning the questions you want to ask when you view a property.

We recommend setting an alert on the portals to ensure that you are notified as soon as a property goes onto the market and to contact us to register your details so that you receive an email as soon as a property goes live on to the market.