“The lettings market is showing positive signs as we leave what has been a tricky few months behind us. 2024 saw a less than modest rental increase over the year, compared with what we have seen in recent years, with the average time to let picking up also. There has been more supply in recent months as tenants have found better buying opportunities away from renting. However, we are now seeing a dip in supply levels and more urgency from prospective tenants. Rent levels generally remain as strong as ever, though landlords must remember to continue investing in their assets to keep them at a high rentable standard.”
I am a Tenant Landlord