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📱 The RENTAL MARKET is... 3... 2... 1... LIFT OFF 🚀... Like England at the EUROS!!! ⚜⚜⚜

Key findings from ARLA Propertymark - Download the FULL REPORT below đŸ“©:

✅ 97! Number of new prospective Tenants per branch hit highest on record for month of May 🏆
✅ Last month, figure was 82 and the highest May until now was way down at 70 đŸ˜Č
✅ In the East Midlands, we are registering a WHOPPING 118 new Tenants per branch 🍔
✅ 68%! The number of Tenants in May that felt a rent increase - this is an ALL-TIME RECORD 💰
✅ The number of Tenants successfully negotiating rent reductions fell from 1.3% in April to 0.9% in May - the lowest May figure since records began đŸ”»
✅ RENTAL STOCK: The number of properties managed per letting agent branch rose from 201 in April to 203 in May 🏡
✅ 5 = average times a property is viewed before it's let. This remains the same as April’s figure and has remained the same since June 2020 👀
✅ 21 months = Average Tenancy length (a slight increase from 19 months recorded in April) 👍

🔍 Want more detail and lots of bar graphs? 📊 DOWNLOAD FULL REPORT HERE: https://lnkd.in/dNfeu7v đŸ“©

🙋‍♀ đ€đ«đž đČ𝐹𝐼 đŠđšđ±đąđŠđąđŹđąđ§đ  đČđšđźđ« đ«đžđ§đ­đšđ„ 𝐱𝐧𝐜𝐹𝐩𝐞?

Get in touch with our EXPERT TEAM today and we'll let you know đŸŠč‍â™€ïžđŸŠž‍♂


#cavendishexperts #lettings #property #properties #rents #investmentproperty #landlord #tenant #lettingagency #lettingagent #investinproperty #landlords #prsreport #prs #rentalproperty #rents

If you have a property to rent in Nottingham, contact the EXPERTS at Cavendish Residential 

Posted 30 June 2021
by Ali Baylav Managing Director Cavendish Residential

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