“Q2 saw the long awaited rent increase notices being issued where appropriate and our landlords accepted sensible guidance in implementing increases - all of which were accepted by our tenants. While many rents are still well below market levels the uplift goes some way towards easing financial pressures on our clients. Demand continues to outstrip supply and competition to secure tenancies is fierce - this seems unlikely to wane into Q3 which traditionally sees increased student activity ahead of next academic year which unfailingly drives rents upwards.”
I am a Tenant Landlord