“The pause in student pressure and demand often offers a market breather at this time of year, but with many short-term let properties becoming available for residential tenancies, we are finding that the supply of properties remains high, as does demand. We continue to see high demand for 1 & 2 bed properties particularly within the EH6 & EH7 postcodes, with properties being snapped up at the first viewing on most occasions. However, we are noting that more landlords are opting to leave the market at the end of a tenancy compared to previous years, which is likely to result in reduced supply going into Q4.”
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