Who buys a rental property?
19th June 2023
Buy-to-let investors remain an important sector of the market. Close to 30% of agents state that when a rental property is put up for sale the most likely purchaser is an investor.
According to Zoopla, 11% of homes currently for sale were formerly rented out. This proportion has fallen over the past three years since its peak of 14% in 2020, at the height of the Covid-19 pandemic.
The summer months are the busiest time of the year for the rental market, and demand for homes to let continues to outpace available supply with rental homes letting quickly with minimal void periods.
There are now more than 5 million households in the private rented sector, an increase of close to 20% on a decade ago. Source: #Dataloft Inform Poll of Subscribers, Dataloft Rental Market Analytics, Census 2021
Employee of the Month – April 2024
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Our Employee of the Month for April 2024 is one of our Maintenance Administrators – Maddie Breed! Maddie has been…
Sales Blossom in Spring
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In the past five years (excluding 2020 due to Covid), springtime bloomed with 27% of home sales, the highest proportion…
Spring budget 2024
7th March 2024
The Spring Budget this year felt very much like a keep calm and carry on budget for the housing market….