Demand from Tenants and Rental Supply Highest on Record for June

Numbers of Prospective New Tenants Continuing to Rise

The June edition of ARLA Propertymark's Private Rented Sector Report found a record number of prospective tenants registering interest with agents - a year-on-year high for this time of year. Whilst the market typically begins to slow in June for the summer months, this year's surge on account of the coronavirus means that we expect the next few months will be busier than usual.

Phil Keddie, ARLA Propertymark's President agrees. 'Our latest figures show that the rental market is continuing to pick up following the COVID-19 lockdown. The record-breaking supply of rental stock and demand from tenants for this time of year paints an optimistic picture for the summer months, indicating that the market will be more active than the usual seasonal lull.'

There are also more properties on the market now than is typical for this time of year which means that you're best placed to market your property with a smaller agency who can give you a more focussed and attentive service to get your property let quickly.

To have a chat about how we can help, give us a call on 0203 488 0224.

Gas Safety Week

Gas Safety Week - Awareness

Did you know that 1 in 5 homes in the UK have unsafe gas appliances according to the latest inspection figures? This week the property industry is focused on raising awareness for gas safety in residential properties. The law has been In place and updated since The Gas Safety (Installations & Use) Regulations 1998 for England & Wales. You must have your rental property checked every year by a Gas Safe Registered Engineer.

Homeowners can also make sure that they are living in a gas safe property by having a check done at home and watching out for these five key signs that something might be wrong. Find out what to look for and more information by clicking the button below.

How To Rent Guide

How To Rent Guide - Update

A new How To Rent Guide was published on the 7th August 2019. This government introduced checklist for the rental of residential property in England includes minor updates and should be familiar to landlords and tenants by now.

With useful tips and frequently asked questions this continues to prove useful and gives simple advice on Fees, Deposits, Paperwork and Responsibilities. Download your free copy using the link below.