Our quarterly Rental Market Report is based on our analysis of hundreds of rental data points across the UK. Now in its fourth edition, the report gives an industry-leading view of rental market performance.
In this quarter’s report, we reveal our latest research on:
– Rental demand figures from January 2021
– Rental growth in the UK during 2020
– The ‘halo effect’ in the outer areas of UK cities
In Manchester, Leeds and Birmingham, rental growth is notably stronger in the commuting ‘halo’ than in the centre of the cities.
Just as in the sales market, the data points to renters looking for homes with more space, indoor and outdoor, stock which is more likely to be found in the wider commuter zones.
The desire for space is also leading to a busy market for family homes. Houses are now renting out more quickly in all cities than during the same period 12 months ago. Houses now take 26% less time to rent out in Manchester – 5 days less than in Q4 2019.
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Our quarterly Rental Market Report is based on our analysis of hundreds of rental data points across the UK. Now in its fourth edition, the report gives an industry-leading view of rental market performance.
In this quarter’s report, we reveal our latest research on:
– Rental demand figures from January 2021
– Rental growth in the UK during 2020
– The ‘halo effect’ in the outer areas of UK cities