Spike in UK rental market November 2017
November’s data from the Agency Express Property Activity Index has revealed a spike in activity across the UK lettings market. National figures for new listings ‘To Let’ sat at a robust 12.6%, and following three consecutive months of decline figures for properties ‘Let’ climbed back to 2.8%.
This months regional hot spot was the East Midlands, recording buoyant increases in both new listings ‘To Let’ at 33.3% and properties ‘Let’ at 18.6%.
Commenting on the Property Activity Index Lettings Report, Stephen Watson Managing Director of Agency Express said:
Following what has been a mixed few months for the UK lettings market, this month’s figures are robust overall and the increase has redressed the balance. As we move in to December where a seasonal slowdown is expected it will be interesting to see how the year end figures fair.
To read the latest Property Activity Index report in full please click here: